‘Not a done deal’: California vows ‘vigorous’ review of Paramount-Warner Bros takeover
Attorney general says $111bn deal will be investigated amid concerns over monopoly power and job lossesRob Bonta, California’s attorney general, said his office will investigate a possible merger between Paramount Skydance and Warner Bros Discovery, hours after Netflix backed away from a planned...
<p>Attorney general says $111bn deal will be investigated amid concerns over monopoly power and job losses</p><p>Rob Bonta, California’s attorney general, said his office will investigate a possible merger between <a href="https://www.theguardian.com/tv-and-radio/paramount-plus">Paramount Skydance</a> and Warner Bros Discovery, hours after Netflix backed away from a planned takeover.</p><p>“Paramount/Warner Bros is not a done deal,” Bonta <a href="https://x.com/AGRobBonta/status/2027220360433946983">said in a post on X</a>. “These two Hollywood titans have not cleared regulatory scrutiny — the California Department of Justice has an open investigation, and we intend to be vigorous in our review.”</p> <a href="https://www.theguardian.com/us-news/2026/feb/27/california-paramount-warner-bros">Continue reading...</a>
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