States Sue to Block Paramount-Warner Merger | Buffalo News

Twelve states are suing to block Paramount’s $81 billion merger with Warner Bros. Discovery, arguing it will crush competition, raise prices, and destroy jobs — with California leading the charge. Paramount counters that the merger will create a stronger competitor against tech giants, and despite Justice Department approval and shareholder backing, legal battles in the U.S. and abroad threaten to derail the deal before its September 30 deadline. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0adaa5df68c098e0