Delrahim Faces Countdown to Close Paramount-Warner Megamerger
Paramount’s $111 billion bid for Warner Bros. faces a regulatory gauntlet headed by DOJ antitrust chief Makan Delrahim, with California AG Rob Bonta and other state regulators weighing in, plus foreign approvals. A potential mix of antitrust, labor/monopsony, and horizontal-competition concerns could delay or block closing, paving the way for court action in California and possible concessions from Paramount as it carries heavy debt and pursues a high-volume movie slate.