The lawsuit poses a threat to Paramount's plans to bring together two of Hollywood's five largest film studios to take on Netflix and Disney.

California is among the states suing to block Paramount from buying Warner Bros. Discovery in a Hollywood mega-merger that would unite some of the nation's largest movie studios…

Twelve states challenged Paramount’s takeover of Warner Bros. Discovery on Monday, filing a lawsuit that argues the $81 billion mega merger would “extinguish competition” in…

California and eleven states are suing to block Paramount's acquisition of Warner Bros. Discovery. They allege the deal would lessen competition in film distribution and cable…

Paramount Skydance’s (PSKY) proposed $110 billion takeover of Warner Bros. Discovery (WBD) is facing a major roadblock. A group of 12 states, le...