12 States File Antitrust Lawsuit to Block Paramount Skydance's $110 Billion Warner Bros. Discovery Acquisition (2026-07-13)

A coalition of 12 state attorneys general files an antitrust lawsuit in federal court to block Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery. The lawsuit argues the merger would eliminate competition between two of the five remaining major Hollywood studios and create 27% cable market share. The states seek a temporary restraining order.