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Hollywood Merger Blocked by Judge | Santa Fe News
Description
Hollywood’s biggest merger just hit a major roadblock: a federal judge has paused the $81 billion Paramount-Warner Bros. Discovery deal, giving 12 states 14–28 days to challenge it in court. Led by California, the states argue the merger would crush competition and shrink consumer choice, combining HBO Max, CNN, CBS, Top Gun, and more under one giant corporate umbrella. While Paramount claims the deal boosts competition, states demand a full review, citing historical evidence that concentrated media power harms innovation and quality. With a hearing set for August 3rd and the deal valued at nearly $111 billion, this legal showdown could reshape the future of entertainment.
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