10 States Might Block Paramount-Warner Bros. Merger on Antitrust Grounds

Article excerpt

Ten state attorneys general are considering blocking a proposed merger between Paramount and Warner Bros. Discovery on antitrust grounds, according to reporting on the deal. The states' intervention could derail what would be one of the entertainment industry's largest consolidations, combining two major studios that together control a significant share of film and television production. The effort has drawn support from unlikely quarters, actor Marc Ruffalo sent letters to state officials urging them to oppose the merger. The push reflects broader concerns about media consolidation and market competition in an industry already dominated by a handful of multinational conglomerates.