California AG and others oppose $110B Paramount Warner deal Monday
Entertainment
Paramount and California officials are gearing up for a big meeting on Monday about the $110 billion acquisition with Warner Bros. Discovery.
California's attorney general and 11 other state attorneys general are pushing back, saying the deal could mean less competition and higher prices for viewers.
Deal delayed until 2027
If it goes through, this merger would create the largest TV network group in the US by bringing together Paramount+, HBO Max, and more under one roof.
While federal regulators have already given a thumbs-up, critics warn it could hurt jobs, raise costs, or squeeze out smaller players.
The deal is delayed until 2027 as legal battles continue; if talks stall too long or fall apart entirely, Paramount faces massive fees.