LA County Flags Major Job Losses and Legal Action in Paramount-WBD Merger

LA County’s Department of Economic Opportunity warns the Paramount-Warner Bros. Discovery merger could put about 2,495 Los Angeles jobs (and roughly 6,000 globally) at risk due to duplicative roles, prompting anticipated antitrust action from California and other states. DOJ has already approved the deal, but California AG Rob Bonta and other states are pursuing investigations that could delay or derail it. The county urges formal comments to the DOJ and monitoring of AG moves, while Paramount defends the merger as pro-competitive and vital for LA’s entertainment industry.