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.

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…

Twelve states challenged Paramount’s takeover of Warner Bros