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States Sue to Block Paramount-Warner Merger | Santa Fe News
Description
Twelve states, led by California, are suing to block the $81 billion Paramount-Warner Bros. Discovery merger, arguing it will crush competition, raise prices, and endanger jobs across Hollywood. They demand a pause until courts decide — or face a court order. Paramount counters that the merger will create a stronger rival to streaming giants and claims Justice Department support, plus global regulatory approvals. With a September 30 deadline looming and a quarterly fee for shareholders, the fate of this blockbuster deal hangs in the balance.
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