
Paramount Pictures has secured a winning bid to acquire Warner Bros. Discovery, prompting California Attorney General Rob Bonta to consider an antitrust challenge. Antitrust expert Matt Stoller argues that despite the rapid closing timeline—potentially by early April—states can still intervene if they act quickly. He warns that a rushed merger could intertwine assets, making any later unwind effort akin to "unscrambling eggs." Stoller urges industry insiders to submit concrete evidence of reduced competition to state AGs to bolster a legal case before the deal finalizes.

Paramount Pictures has raised its bid for Warner Bros. Discovery to $31 a share, reigniting a potential takeover of the studio’s film, TV and streaming assets, including HBO Max. The board has not dismissed the offer, leaving the door open...

Paramount has renewed its pursuit of Warner Bros. Discovery with a $31‑per‑share bid, reigniting a high‑stakes acquisition battle. Netflix, led by co‑CEO Ted Sarandos, is simultaneously courting investors and studios, arguing its own offer—already accepted in December—outperforms Paramount’s. The two...