California AG Vows a Vigorous Scrutiny of Paramount-WBD Deal
California Attorney General Rob Bonta said his office will conduct a vigorous review of Paramount Skydance’s planned acquisition of Warner Bros. Discovery, warning the deal isn’t a done deal and that the California Department of Justice has an open investigation. The note comes as the bid saga swirls with shifting offers and Netflix exiting the bidding, underscoring heightened regulatory scrutiny of entertainment industry consolidation.
