California, 11 states suing to block Paramount's $110 billion Warner Bros deal - Reuters

California, Minnesota, and ten other states filed lawsuits on Monday to block Paramount's takeover of Warner Bros. Discovery. The legal action targets the mega merger, valued between $81 billion and $110 billion. State officials warn that the deal would extinguish competition within Hollywood and threaten jobs across the entertainment industry. These twelve states are seeking to prevent the acquisition to maintain market competitiveness and protect employment stability throughout the broader media and film sector.