Editorials & Other Articles

Feb 26
California Attorney General Plants Flag on Paramount-Warner Bros. Merger: “Not a Done Deal”
If the Justice Department and foreign regulators approves the deal, it'll be up to state attorneys general to challenge the merger.

“Paramount/Warner Bros. is not a done deal,” California Attorney General Rob Bonta said on Thursday. “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.”

Bonta weighed in on the merger hours after Netflix declined to raise its bid for Warner Bros, which all but positioned Paramount as the winner of the bidding war. The David Ellison-led company’s offer will almost surely be accepted by Warner Bros.’ board.
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