12 Blue States Defy DOJ and Sue to Stop Paramount-Warner Bros. Merger

“The unlawful merger of these two entertainment behemoths would lead to higher prices, lower quality, and less content for film and television, harming movie theaters, basic cable distributors, and ultimately, audiences on every sofa and movie theater seat in the U.S.,” California Attorney General Rob Bonta said in a statement.

If Paramount’s acquisition of Warner Bros. is successful, the company would own two major news networks in CNN and CBS News, the movie studio Warner Bros., and the streaming service HBO Max. Larry Ellison and his son David Ellison, staunch supporters of President Trump, own Paramount Skydance, and would effectively have their own conservative media empire.

The merger has also raised concerns that CNN would be overhauled to reflect the conservative political views of the Ellisons. The two Trump allies have already steered Paramount’s CBS News to the right, causing its ratings to plummet and, in the process, an employee exodus from its flagship 60 Minutes program.