
Paramount Braces for Multi-State Antitrust Fight Over Warner Bros. Discovery Deal
Paramount’s $111 billion takeover of Warner Bros. Discovery faces potential lawsuits from California and other state attorneys general who may block the deal; Paramount has hired top antitrust lawyer Jeffrey Kessler to lead its defense, as concerns about jobs, competition and media consolidation mount in a politically charged environment tied to Ellison’s ties to Trump; the company is pursuing regulatory approvals from the DOJ and Europe and aims to close by September, following a period of heightened antitrust scrutiny in Hollywood.







