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"We believe the consent decree fails to meaningfully address or mitigate the harms that will be caused by this monopoly merger."
Update (1:40 pm ET):
A coalition of advocacy groups fighting the Paramount-Warner Bros. Discovery merger said Thursday that the judge overseeing the case granted their emergency motion to allow opponents of the combination to file briefs against a settlement reached earlier this week by Paramount and a dozen state attorneys general.
“The consent decree the state AGs agreed to in a backroom deal is weak, unenforceable, and leaves workers, journalists, and consumers in the dust," members of the anti-merger coalition said in a statement. "The settlement fails to address the grave dangers this merger poses—and no amount of spin can change that. Judge Araceli Martínez-Olguín’s ruling will allow the public to weigh in on this important issue and ensure the interests of those who will actually pay the price for the Ellisons’ sweetheart deal that the AGs failed to adequately represent are heard. We look forward to explaining that in further detail in our brief due at midnight tonight."
Earlier:
Opponents of Paramount's proposed acquisition of Warner Bros. Discovery filed an emergency motion in federal court on Thursday asking the judge overseeing the merger proceedings to grant them an opportunity to formally oppose a settlement deal that Paramount reached earlier this week with a coalition of state attorneys general, led by California's Rob Bonta.
The merger opponents' filing asks Judge Araceli Martínez-Olguín of the US District Court for the Northern District of California to give them "an opportunity to be heard" before she rules on the proposed consent decree between Paramount and the 12 state attorneys general—a deal that drew widespread outrage. The anti-merger coalition—which includes Free Press, the Committee for the First Amendment, the Future Film Coalition, and other groups—described the tentative deal as "dangerous for democracy."
The coalition's filing was submitted shortly before a court hearing that's scheduled to begin at 2:00 pm ET. Martínez-Olguín set the hearing to "address certain outstanding questions regarding the factual and legal underpinnings of the parties’ proposed consent decree."
Mara Verheyden-Hilliard, a constitutional rights litigator who serves on the steering panel for the Committee for the First Amendment, said in a statement that "we believe the consent decree fails to meaningfully address or mitigate the harms that will be caused by this monopoly merger to the entertainment industry, diverse storytelling, independent filmmaking, consumer interests, a free press, First Amendment rights, and fundamentally, democracy."
“It does not serve to benefit anyone except the owner family of Paramount and those holding political power, who will use this corporate consolidation as a proxy force for First Amendment suppression of disfavored expression and viewpoints," Verheyden-Hilliard added.
Paramount is headed by David Ellison, the son of billionaire Oracle co-founder Larry Ellison, one of the richest people in the world and a megadonor to President Donald Trump.
If Martínez-Olguín approves the proposed consent decree and the merger is finalized, Paramount would control both CBS and CNN, as well as other major media properties such as HBO.
As part of the consent decree, Paramount committed to "News Editorial Independence Boards" for CBS and CNN comprised of five "established journalists." Critics, including the Freedom of the Press Foundation (FPF), have characterized the proposed editorial independence boards as "worthless" and a potential "First Amendment nightmare."
“The solution for the Ellisons letting Donald Trump and [Federal Communications Commission Chair] Brendan Carr police journalism is not to let attorneys general and judges police journalism too,” said Seth Stern, chief of advocacy at FPF, part of the anti-merger coalition.
“It’s to keep the government out of the newsroom, period," Stern added. "No one seriously believes the Ellisons (or their rumored new investor Elon Musk) will do that, with or without a self-appointed sham editorial board, which is why this merger cannot proceed.”
The League of United Latin American Citizens and a group of religious leaders filed a separate motion on Thursday asking Martínez-Olguín to "defer entry of the decree" to "ensure this court has sufficient opportunity to consider the important issues raised" in the case.
"The proposed consent decree raises grave doubts whether the parties' settlement adequately addresses the harms alleged in the plaintiff states' complaint," the filing reads.
"Billionaires have yet again bribed, censored, and bullied their way to the top," said one critic.
"A settlement that promises less than nothing."
That's how one critic of Paramount Skydance's planned acquisition of Warner Bros. Discovery on Tuesday described the paltry concessions extracted by Democratic California Attorney General Rob Bonta and other state officials to enable the proposed $111 billion media megamerger.
Critics argue that the proposed settlement agreement lacks meaningful antitrust enforcement and hands control of major news and entertainment properties to a billionaire family closely aligned with President Donald Trump.
“Every! single! one! of these concessions is meaningless bullshit,” writer Cory Doctorow said Tuesday on Medium. “Bonta just handed the American movie and TV sector to two of the most odious creeps to draw breath, surrendering without firing a shot."
The settlement, which was announced Monday, clears a major roadblock to Paramount CEO David Ellison's takeover of Warner Bros. Discovery, which owns CNN, HBO, Warner Bros. Pictures, and numerous cable networks. The combined company would control nearly 30% of both US theatrical film distribution and basic cable channel licensing.
The agreement contains a pledge to distribute at least 30 films annually for the first two years, then 32 movies each year after, invest hundreds of millions of dollars in US film production, maintain existing theater rental terms for three years, not sell Paramount and Warner Bros. studio lots for five years, and create an editorial independence board for CBS News and CNN.
In a Monday Substack post, American Economic Liberties Project research director Matt Stoller pointed out an apparent loophole in the settlement's film distribution requirement.
“They only have to distribute that many films,” he wrote. “They can make half as many. And those can be co-produced. So in fact, if you add up the numbers, Ellison promised to make fewer films going forward than Paramount and Warner are putting out today."
The settlement's editorial oversight board for CBS News and CNN have also come under fire. The five-member board overseeing the two entities will be appointed and paid by the combined company. Reuters reported Tuesday that the board would have no explicit investigative authority and that the company would be empowered to fill vacancies.
“As we learned from the failed and widely panned Facebook oversight board, a fake bipartisan oversight committee won’t save CNN,” Jessica González, the co-chief executive of the advocacy organization Free Press, said Monday. “We have all the evidence we need from the Ellisons’ destruction of CBS about what they do to warp journalism at Donald Trump’s request.”
David Ellison's father, tech billionaire Larry Ellison, is a Republican megadonor.
Seth Stern, a media attorney and chief of advocacy at the Freedom of the Press Foundation, said that "it's unclear how the attorneys general or courts can constitutionally hold Paramount accountable for the board's actions or inaction without themselves interfering in content."
Stoller noted that the agreement's force-majeure clause, which would reportedly allow Paramount-Warner to dodge its commitments in the event of economic recessions, strikes, and other labor disruptions.
Other opponents of the proposed deal bristle at the Federal Communications Commission’s approval of Saudi and Emirati investment in the new company that would be created if the merger is approved.
Alvaro Bedoya, a senior adviser to the American Economic Liberties Project, lamented that “today, billionaires have yet again bribed, censored, and bullied their way to the top."
“Layoffs will follow. People from [Los Angeles] to Atlanta will lose their jobs, small businesses will lose their contracts, your cable bill and movie ticket will be even more expensive,” he continued. “Dissent against money and power will be even harder to find.”
“This did not have to happen," Bedoya stressed. "Thanks to an extraordinary outpouring of grassroots anger against the merger, a coalition of 12 state attorneys general sued to block it. They beat Paramount in court, winning a court-ordered pause on the merger, and beat them again at the negotiating table, getting the conglomerate to agree to pause the merger until as late as next June.”
“But the Ellison family does not care about the law. Instead, they loudly threatened to leave California if their merger did not go through immediately," he added. "[Gov.] Gavin Newsom caved to that pressure. So did [former state Attorney General] Xavier Becerra. And eventually, so did Attorney General Rob Bonta, agreeing to a weak settlement that will be exceedingly difficult to enforce.”
Stoller said that "there are a bunch of reasons they cleared the deal, such as threats to move the studio out of California, corruption, and general incompetence."
"I personally think CNN is terrible, and I’m glad it’s going to be discredited," Stoller wrote. "I also find it embarrassing that the Democratic AGs used antitrust law in an attempt to shade news coverage. But it’s downright comical they demanded that David Ellison not corrupt CNN by having David Ellison appoint a board ensuring that David Ellison not do that."
"Today, billionaires have yet again bribed, censored, and bullied their way to the top."
A coalition of state attorneys general led by California's Rob Bonta reportedly reached a deal on Monday to let Paramount's acquisition of Warner Bros. Discovery proceed, an outcome that press freedom advocates and antitrust campaigners condemned as a disaster for journalism, entertainment industry workers, and American democracy.
The deal, which is set to be formally announced later Monday, will pave the way for the creation of one of the largest media conglomerates in the world, helmed by the son of a billionaire megadonor to President Donald Trump and the Republican Party.
If the merger is finalized, the resulting media behemoth would control nearly 30% of both wide-release theatrical film distribution and basic cable channel licensing in the US. The combination would also put CNN under Ellison's control, heightening press freedom concerns that have intensified since Paramount's takeover of CBS.
"The AGs’ capitulation marks a new low."
“Today, billionaires have yet again bribed, censored, and bullied their way to the top,” Alvaro Bedoya, senior adviser at the American Economic Liberties Project, said in a statement. “As a result, a billionaire media conglomerate closely allied with the president will soon own one of its closest rivals, including some of the nation’s most critical news outlets. Saudi Arabia’s sovereign wealth fund will co-own those outlets, too.”
Bedoya criticized Bonta and California's Democratic governor, Gavin Newsom, who privately pushed the state attorney general's office to settle the lawsuit out of court. Xavier Becerra, the frontrunner to succeed Newsom, also called for a settlement, citing Paramount's threat to leave California if its proposed acquisition of Warner Bros. was blocked.
“People want champions who are not afraid of rich bullies. Newsom, Becerra, and Bonta did not meet that mark," said Bedoya. "The people who work in the film and TV industry and the small businesses who support it will suffer as a result. And so will everyone who values dissent in our democracy.”
Jessica González, co-CEO of the advocacy group Free Press, also denounced Bonta for reneging on "his promise to enforce the law and protect consumers and workers."
"Hundreds of thousands of people called on our state AGs to stand up to the Ellisons, who have engaged in a campaign of corruption and extortion to pave the way for this unlawful merger. We can no longer rely on the federal government to enforce the law and protect regular people. That much is clear. But the AGs’ capitulation marks a new low. It’s a sad day for all of us who have been opposing this merger because it will cut jobs and raise prices, all as it consolidates the media even more to enable authoritarians."
Actor Mark Ruffalo, an outspoken opponent of the merger who was subjected to what critics called a corporate "smear campaign" because of his stance, trained his ire on California's governor in response to news of the settlement.
"Gavin Newsom hands huge win to Trump and his billionaire cronies," Ruffalo wrote on social media.
The trial was scheduled to begin in March of next year. In its original lawsuit against the proposed merger—filed shortly after the Trump Justice Department dropped its investigation of the proposed purchase—the coalition of 12 attorneys general warned the deal would "combine two of Hollywood’s five major film distributors and two of the five major basic cable channel owners, extinguishing competition between Paramount and Warner Bros. and inflicting substantial harm on movie theaters, basic cable distributors and, ultimately, audiences nationwide."
The settlement deal reached Monday also reportedly includes the lawsuit filed by the Writers Guild of America, which represents TV screenwriters and others in the entertainment industry.
Bloomberg reported that the attorneys general of New York, Connecticut, and other states that had pushed back during settlement talks were able to secure "independent editorial boards for CBS and CNN as part of the deal"—though it's unclear how such boards would function.
"The terms are said to include a financial penalty if the company fails to make good on a promise to distribute 30 films per year in theaters," Bloomberg added.
This news is deeply disappointing and a massive betrayal of everyday workers and small businesses.
David Ellison is willing to make big promises, like 30 films a year, because he knows he doesn't actually have to stand by it.
We've seen it before with past mergers: Promises… https://t.co/yAYXusKiRM
— American Economic Liberties Project (@econliberties) September 21, 2026
The Los Angeles Times noted that Paramount's purchase of Warner Bros. "will be heavily leveraged."
"The company’s bankers have lined up nearly $80 billion in debt to finance the merger. [Paramount CEO David] Ellison’s father, billionaire Larry Ellison, late last year agreed to backstop the $47-billion in equity needed to complete the acquisition. Royal families from Saudi Arabia, Qatar and Abu Dhabi have agreed to chip in $24 billion for an equity stake by assuming some of Ellison’s financial commitments."
González of Free Press warned Monday that "consolidating the media in the hands of friendly oligarchs is right out of the authoritarian playbook."
“What’s exceedingly clear is that our laws and our political system are not strong enough to resist the pressure and manipulation of corrupt billionaires," said González. "We need to strengthen democratic systems of government, including getting money out of politics, and pass laws that break up big media conglomerates. We need to ensure that a few billionaires can’t drown out the masses to dictate bad policy.”
"We know what this merger will mean—one less buyer for our work, less demand for writing services, less leverage to negotiate deal terms that recognize our value, less creative latitude."
Top TV comedy writer Michael Schur, co-creator of hit shows such as Parks and Rec and The Good Place, is sounding the alarm about the "existential" dangers of allowing the proposed $110 billion megamerger between Paramount and Warner Bros. Discovery to go through.
In an op-ed published Monday in The Hollywood Reporter, Schur outlined the downsides of megamergers between major Hollywood studios, which he described as "bad for everyone except those at the very top" and "another potential broadsword blow to an already wounded industry, one that’s been gouged and squeezed and strangled by high-level corporate greed."
Focusing on the challenges faced by writers, Schur wrote that people in his profession "felt the walls closing in" when they first heard news of Paramount's proposed purchase of Warner Bros.
"We know what this merger will mean," wrote Schur, "one less buyer for our work, less demand for writing services, less leverage to negotiate deal terms that recognize our value, less creative latitude... The impact will be concrete, measurable, and serious."
Schur explained that writers and other workers in the entertainment industry personally understand how corporate consolidation affects their livelihoods.
"We don’t have to theorize any of these outcomes," Schur wrote. "Disney’s acquisition of 21st Century Fox in 2019 put them all on full display. After the merger, Fox’s television development operation was folded into Disney’s. Their studio’s priorities continued, Fox’s did not. Writers who had built relationships at Fox found themselves adrift... More than 4,000 Fox employees lost their jobs."
Schur concluded by encouraging opponents to the merger to "fight tooth and nail to sustain what is left of our struggling—but still breathing—creative industry" before it gets fully monopolized.
The combination of Paramount and Warner Bros. has long been controversial because it would put control of CBS, CNN, HBO, TikTok, and other major media properties all under the control of David Ellison, the son of billionaire Larry Ellison, a major donor to President Donald Trump.
The merger has been placed on hold amid multiple lawsuits seeking to block it, including one filed by 12 Democratic state attorneys general.
The New York Times reported on Monday that California Attorney General Rob Bonta, whose office has been leading the state AGs' antitrust complaint against the deal, called off a meeting that had been scheduled with Paramount executives to discuss a potential settlement.
In a statement, Bonta accused Paramount of leaking misleading information about settlement discussions between the parties, which he said demonstrated "a lack of good faith."
"As soon as Paramount stops playing games and engages sincerely," Bonta said, "my office is happy to meet again."
"You're not going to believe this but Gavin Newsom is taking the side of capital over workers," said one critic.
The Wall Street Journal on Friday reported that California Gov. Gavin Newsom has expressed reservations about his state's antitrust lawsuit that aims to block the $110 billion megamerger between Paramount Skydance and Warner Bros.
According to the Journal's sources, Newsom, who is widely expected to seek the Democratic Party's nomination for the presidency in 2028, has expressed concern about the impact that blocking the merger would have on jobs in Hollywood, and his office has reportedly "encouraged" California Attorney General Rob Bonta to reach a settlement with Paramount.
"It is unclear what impact, if any, Newsom’s urging will have on the California attorney general’s suit," the Journal reported. "Newsom doesn’t have a role in the litigation and doesn’t have authority over the state attorney general’s actions."
Bonta, along with several other Democratic state attorneys general who are co-plaintiffs in the antitrust suit, scored a major victory last week when a federal judge granted a temporary restraining order to pause the merger from going forward. In response, the companies have agreed not to close the deal until five days after a trial is held or next June 1, whichever is sooner.
The combination of Paramount and Warner Bros. has long been controversial because it would put control of CBS, CNN, HBO, TikTok, and other major media properties all under the control of David Ellison, the son of billionaire Larry Ellison, a major donor to President Donald Trump.
Newsom earlier this year told Semafor media reporter Maxwell Tani that he's known David Ellison for years, while emphasizing that California's probe of the proposed merger "isn't a personal attack" on the Paramount CEO.
David Dayen, executive editor of The American Prospect, expressed mock surprise at Newsom reportedly going to bat for the merger.
"You're not going to believe this but Gavin Newsom is taking the side of capital over workers," Dayen wrote. "In this case it's tricky because he's backing the very MAGA allies his cosplaying X account claims he's fighting."
Tech journalist Karl Bode described Newsom's reported efforts to push the merger through as a "nice sneak peak of the sort of media policies you can expect under his presidency."
Elections analyst Nick Field questioned Newsom's reported concern about Hollywood jobs being lost if the merger gets blocked, as corporate consolidation usually coincides with mass layoffs.
"Paramount will undoubtedly cut tons of jobs if they buy Warner Bros., as the Ellisons did when they bought Paramount in the first place," wrote Field. "To say nothing of allowing the Ellisons to own CNN and consolidate more power. Just disgusting supplication from Newsom."
Antitrust advocate Matt Stoller, however, expressed skepticism at the Journal's reporting on Newsom, if for no other reason than the California governor was unlikely to risk hurting his image among Democratic primary voters by pushing through an unpopular corporate merger.
"It would be an odd for Gavin Newsom to encourage the control of Hollywood by close allies of Donald Trump considering his 2028 ambitions," wrote Stoller. "He's not stupid."
California's attorney general called the development "great news for audiences, movie theaters, and the many people who write, build, and create the art, news, and entertainment so many of us enjoy."
Paramount Skydance on Friday officially delayed its attempted acquisition of Warner Bros. Discovery after a federal judge in the Northern District of California temporarily blocked the $111 billion deal at the request of a dozen Democratic attorneys general.
US District Judge Araceli Martínez-Olguín granted the temporary restraining order on Monday after finding that the plaintiffs—led by California Attorney General Rob Bonta—provided "compelling evidence that the combined firm resulting from the transaction will possess substantial market share in the wide-release theatrical distribution market." She extended the order on Thursday.
The companies have now agreed not to close the deal—also the target of a Writers Guild of America lawsuit—until five days after a trial is held or June 1, 2027, whichever is sooner. While the attorneys general and their supporters framed the development as a victory for their side, a Paramount spokesperson similarly said that "today's agreement is a significant win because the result is exactly what we have sought from the outset: a direct path to a trial based on the evidence."
"This is the fastest and clearest way to prove that this transaction is good for competition, good for consumers, and good for creators, a conclusion dozens of competition authorities around the world have already reached," the spokesperson continued. "Plaintiffs' market definitions bear no relationship to the realities of today's marketplace and cannot withstand scrutiny. We look forward to proving our case at trial."
Meanwhile, Bonta said in a statement that "our argument against this illegal merger is straightforward: When too few corporations have too much power in markets central to American life, it makes things more expensive, and it makes things worse."
"Today's agreement is great news for audiences, movie theaters, and the many people who write, build, and create the art, news, and entertainment so many of us enjoy," he emphasized. "We are eager to continue to make our case in court and celebrate another tremendous win in our effort to ensure this unlawful merger never sees the light of day."
Joining Bonta in battle are the attorneys general of Arizona, Colorado, Connecticut, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, and Washington. They, too, celebrated on Friday.
"Stopping this merger while our case proceeds is a critical victory in our efforts to uphold the law and protect the film and television industries," New York's Letitia James stressed on social media. In a video, New Jersey's Jennifer Davenport also called the companies' decision "a huge win for consumers" and pledged to "continue to fight to block this merger for good."
Responding to one of Davenport's social media posts, actor and activist Mark Ruffalo declared: "Today's news is a repudiation of Paramount's strategy of currying favor with the Trump administration to grease the wheels on this illegal merger—from sham settlement payments to manipulating its own news coverage. Stay strong and #BlockTheMerger."
Some opposition to the deal is rooted in the fact that it would give Paramount CEO David Ellison—the son of billionaire Larry Ellison, a major donor to President Donald Trump—control of CNN, as he already faces mounting criticism for his and Bari Weiss' management of CBS News.
"The Ellisons believed their relationship with President Trump would help them push through a disastrous deal that threatened democracy, creative freedom, and independent journalism. We in the #BlocktheMerger campaign helped prove them wrong," said Norm Eisen, co-founder and executive chair of Democracy Defenders Fund, in a statement.
"Paramount's decision keeps two major studios competing instead of handing one company even more power over what Americans watch, what they pay, and where entertainment workers can earn a living," he continued. "The merger would have eliminated one of Hollywood's largest buyers of scripts and productions while placing Paramount+, HBO Max, CBS News, CNN, and dozens of local stations under the management of one company."
"This victory in putting the merger on hold belongs to the people who refused to treat the merger as inevitable," Eisen added. "Artists, journalists, filmmakers, and consumer advocates spoke out despite the risk of retaliation, more than 5,500 people signed our open letter, and Attorneys General Rob Bonta and Letitia James, along with 10 other attorneys general, acted. This collective resistance is turning the tide."
Craig Aaron, co-CEO of the advocacy group Free Press, said that "Paramount tried to tell us this deal was a slam-dunk, but it just shot an airball. Late in the game, Paramount's lawyers grasped what we've said all along: The states have a very solid case that this deal violates US antitrust law. For the broad and growing coalition against this corrupt and dangerous deal, this delay marks a significant victory."
"Instead of fighting against an injunction and possibly losing now, Paramount's lawyers have resigned themselves to waiting for a full antitrust trial in federal court," Aaron added. "Paramount can pretend all it wants that it looks forward to that test, but that’s just more bluster from company mouthpieces trying to spin a major setback. Now this deal will face its day in court, and we are confident the evidence will show this mega-merger should be blocked."
"History tells the tale of what happens when a few people have great power over markets that are central to Americans' lives: fewer opportunities for more people, worse products and services for all people," said California Attorney General Rob Bonta.
The $110 billion megamerger between Paramount and Warner Bros., widely criticized as a "disaster" by antitrust advocates, has been temporarily put on hold.
US District Judge Araceli Martínez-Olguín on Monday granted a temporary restraining order sought by several Democratic state attorneys general to pause the merger from going forward.
In her ruling, Martínez-Olguín found that the plaintiffs provided "compelling evidence that the combined firm resulting from the transaction will possess substantial market share in the wide-release theatrical distribution market," meaning that the merger between the two studios is "likely to violate antitrust laws."
The judge—appointed by former President Joe Biden—issued a 14-day restraining order on the merger, writing that "Paramount and Warner Bros. will continue to operate as separate, viable companies competing in the marketplace while they wait for the court to adjudicate this case."
The combination of Paramount and Warner Bros. has long been controversial because it would put control of CBS, CNN, HBO, TikTok, and other major media properties all under the control of David Ellison, the son of billionaire Larry Ellison, a major donor to President Donald Trump.
California Attorney General Rob Bonta, the lead plaintiff in the lawsuit against Paramount-Warner Bros. deal, hailed Martínez-Olguín's ruling as a "critical first win in our case to ensure this megamerger never sees the light of day."
"History tells the tale of what happens when a few people have great power over markets that are central to Americans' lives: fewer opportunities for more people, worse products and services for all people," he said. "With our lawsuit, we're fighting for a free and fair market and a thriving film and television industry that serves creatives and audiences alike."
New York Attorney General Letitia James, a co-plaintiff in the lawsuit, delivered a video statement calling the ruling "an important victory for consumers, for workers, and for fair competition."
"We are taking action to protect New Yorkers from the harms of unlawful corporate consolidation," James added, "and protecting democracy while we're at it."
We just won a court order stopping the merger of @ParamountPics and @warnerbros while our lawsuit continues.
We’re going to keep fighting to keep costs down for consumers, protect jobs, and stop this illegal merger. pic.twitter.com/yfcA0sOoLb
— NY AG James (@NewYorkStateAG) July 20, 2026
Sen. Elizabeth Warren (D-Mass.), a longtime critic of the merger, called the ruling "a WIN thanks to the state attorneys general who stood up and pushed back," and added, "Let's keep up the fight."
Rep. Becca Balint (D-Vt.) said the ruling was "welcome news," while warning that "we're not out of the woods yet."
"This merger would force prices up, bring wages down, and lead to people losing jobs—all to bring TikTok, CNN, and CBS under one roof," Balint observed. "Perhaps Paramount CEO David Ellison can't wine and dine his way through this one after all."
Attorney Norm Eisen, co-founder of Democracy Defenders Action, accused the Ellisons of trying to "rush" the merger over the finish line before courts could examine antitrust claims being made against it.
"Now the case gets decided on the merits," Eisen said.
The merger would allow Paramount to merge CBS’ newsroom with Warner-owned CNN, which would presumably mean arch-Trumper Bari Weiss would be in charge of CNN.
Until a couple of months ago, we could get a dose of humor to help us get through the craziness, cruelty, and corruption of the Trump administration. But CBS pulled Stephen Colbert off the air, and not because of bad ratings—he had by far the most widely viewed network show at that hour.
The problem was President Donald Trump is too thin-skinned to put up with a comedian poking fun at him regularly. As a result, he had Brendan Carr, his chair of the Federal Communications Commission, imply that the Ellison family’s effort to take over Paramount, CBS’ parent company, would be blocked if Colbert wasn’t fired. The Elliot family includes prominent Trumper Larry Ellison, one of the richest people in the world, and David Ellison, his equally right-wing son who most immediately controls Paramount.
But taking over one of the country’s major broadcast networks wasn’t enough for the Ellisons. They also control TikTok, the fifth most widely used social media platform, which Trump wrestled away from a Chinese company and put in Larry Ellison’s hands.
And now, Paramount is looking to take over Warner Brothers. In addition to giving them control over two major Hollywood studios, the merger would allow Paramount to merge CBS’ newsroom with Warner-owned CNN. This would presumably mean arch-Trumper Bari Weiss would be in charge of CNN.
Stories about the upward redistribution of income over the last half-century, and anti-worker practices by businesses, tend to get short shrift. But there is no doubt they would get even less attention in a Trumper-controlled media universe.
David Ellison put Weiss, who has long-established right-wing credentials, in charge of CBS News soon after taking over the network. In this role, she has already fired or driven away many serious reporters and repeatedly censored "60 Minutes," its highly regarded and widely watched investigative news show. We can expect more of the same at CNN if Paramount’s takeover of Warner is allowed to go through.
While Trump’s Justice Department’s antitrust division has green-lighted the Paramount-Warner merger, there is still a possibility it can be stopped. California and 11 other states sued to stop the merger on antitrust grounds. In addition to merging two of the major news networks, it would also consolidate two massive Hollywood studios.
An analysis by the Media and Consolidation Research Organization Lab at the University of California San Diego found that the resulting reduction in competition would almost certainly mean fewer new movies are produced and less employment in the industry. It also would likely mean higher streaming prices for consumers. This is in addition to the problem of giving Trumpers even more control of the media.
There is at least some chance that the courts will block this merger on the merits. However, if it goes through the appellate process, the Republican Supreme Court may find the opportunity to provide another gift to Trump supporters irresistible. Still, the prospect of a years-long delay could persuade Paramount to compromise and offer at least partial divestment of some of Warner Brothers holdings to facilitate the merger. In any case, the antitrust lawsuit raises the possibility of blocking the merger in its current form.
While further consolidation of the media and placing ever more of it in the hands of Trumpers is definitely bad news, it would be wrong to imagine that we previously had a golden age of media. News outlets owned and run by rich people tend to present news in a manner that is acceptable to the bosses. Stories about the upward redistribution of income over the last half-century, and anti-worker practices by businesses, tend to get short shrift. But there is no doubt they would get even less attention in a Trumper-controlled media universe.
However, we should be looking for something better. One route is a system of individual tax credits, say $100 per person, to support a person’s favorite news outlet(s). This would be a credit, not a deduction, and fully refundable, so even the poorest person would get a $100 to support the news outlet of their choice.
The model is the tax deduction for charitable contributions, except that everyone would get the same amount. There are many design issues that would have to be ironed out, but such a system could create a large pool of money to support news reporting in various forms that is not controlled by rich people.
This system also has the advantage that it can be done at the state or even local level. That means that cities run by progressives, like New York and Seattle, could pave the way by putting this sort of system in place. (Seattle’s new mayor, Katie Wilson, is a big supporter of this sort of system.)
It is hugely important to do what we can to block further consolidation of the media in the hands of the Trumpers. We also need to do other things, like reforming Section 230 to take away the special protection it gives the huge social media platforms. But the most important longer-term measure to protect a free press is to set up an alternative funding mechanism. An individual tax credit system is a promising route, but we need to get these alternatives on the table and start moving forward with them.
"With this lawsuit, California and our sister states are fighting for free and fair markets, not rigged markets," said Attorney General Rob Bonta. "America has no kings in government or our economy.”
In filing an antitrust lawsuit against Paramount Skydance over its proposed $111 billion acquisition of Warner Bros. Discovery, 12 state attorneys general on Monday deployed a legal tactic successfully used in 2022 to block another megamerger pushed by book publisher Simon & Schuster.
States including California, New York, Colorado, and Washington argued in the lawsuit that should the merger be approved, just one massive corporation would control more than 30% of anticipated top-grossing blockbuster films with large budgets and audiences, while just four distributors—Paramount, Disney, Universal, and Sony—would control more than 90% of those films.
In 2022, the US Department of Justice (DOJ) argued successfully that Simon & Schuster's proposed acquisition of Penguin Random House would harm competition among book publishers as they vied for the rights to books anticipated to be bestsellers.
California Attorney General Rob Bonta, who is leading the coalition of states in the biggest legal challenge against the merger thus far, said that "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 US."
The lawsuit also argues that after the proposed merger, just three distribution companies would control 75% of wide-release theatrical films and 27% of the market in licensing for basic cable television channels.
The merger, said the attorneys general in the US District Court for the Northern District of California, would violate Section 7 of the Clayton Act, which bars business mergers and acquisitions that substantially lessen competition or create a monopoly.
"In this country, no one is above the law," said Bonta. "With this lawsuit, California and our sister states are fighting for free and fair markets, not rigged markets. America has no kings in government or our economy.”
New York Mayor Zohran Mamadani expressed pride that his state was fighting the deal, which he said "is not a merger that serves the public."
The media advocacy group Free Press emphasized that along with reducing competition among film distribution companies, the merger would create a "media colossus" that would also include control over CBS—taken over by Skydance Media CEO David Ellison last year after his company merged with Paramount—and CNN.
The merger would give tech mogul Larry Ellison and his family—allies of President Donald Trump's administration—"the power to shape public discourse at the president’s direction in exchange for the administration’s regulatory approval," said Free Press. "That’s why administration officials like Secretary of Defense Pete Hegseth have openly rooted for the Ellisons to obtain CNN, based on their documented promises to make 'sweeping changes' to the network to please Trump."
Following the Ellisons' takeover of CBS, the leadership of newly appointed right-wing editor-in-chief Bari Weiss has been condemned by First Amendment advocates as Weiss has sought to remake CBS News—spiking a "60 Minutes" segment on Trump's mass deportations and firing the leadership of the flagship investigative news show.
“President Trump and his cronies want to rush this anti-competitive deal through because David Ellison has demonstrated time and again that he will leverage his control of his media empire to silence Trump’s critics and amplify MAGA propaganda," said Free Press co-CEO Jessica González, thanking the state attorneys general for their legal challenge. "That’s corruption, plain and simple. Any merger of this scale would diminish creativity and diversity in entertainment, weaken journalists’ ability to hold those in power accountable, and further endanger our democracy."
"This is especially true when the Ellisons are in charge," said González. "To win approval for their takeover of CBS News, the Ellisons promised to gut hard-hitting reporting across the network—and have gleefully followed through. And they’ll do the same to undermine editorial independence at CNN if they gain control of the global news network."
Although Paramount's proposed merger has already been approved by 20 countries and regions globally, and Trump's DOJ claimed the creation of an even larger media empire was "not likely to harm competition or American consumer,” regulators in the United Kingdom and the European Union have leaned toward looking more closely at the deal. The lawsuit, said González, "means that this corrupt merger is far from a done deal."
"While the administration won’t take a stand against the president’s billionaire cronies, we can still stop the Ellisons’ power grab," said González. "While Paramount is flaunting its corruption and toasting Trump officials, we’re standing with the workers and artists at the heart of the news and entertainment industries—and with the American people, who deserve a diverse and independent media system that works on their behalf, and against the self-interest of greedy billionaires and unethical politicians.”
The lawsuit also followed a series of town halls held in Los Angeles, New York, and Atlanta by the American Economic Liberties Project, titled "Main Street vs. the Merger." Anti-monopoly advocates heard from entertainment workers, small business owners, and others who would be impacted by the Paramount-Warner Bros. deal.
Comedian Adam Conover warned at one town hall that the merger would lead to higher streaming prices, and writers and other media workers shared fears that the deal would lead to mass layoffs.
"I spent the last month meeting with the workers and business owners who’d be hit with this deal,” said Alvaro Bedoya, senior adviser at American Economic Liberties Project, on Monday. “The rich guys who run Paramount can say what they want, but the people who actually work for them know that this will kill jobs and screw over the small businesses that are the lifeblood of this industry. I hope the states win and win fast, because these people need it.”
Lawsuits challenging mergers typically take at least several months and up to a year to be decided by a judge, and the states are asking the companies to freeze the proposed merger deal—which was set to close in the third quarter of 2026—which the case is being adjudicated. California also said it would seek a temporary restraining order if the companies did not agree to pause the deal.
Paramount has agreed to pay Warner Bros. Discovery shareholders $650 million for each quarter the deal isn't finalized, starting in October.
“This illegal merger would mean layoffs for artists and workers, higher prices for consumers, and the death of Hollywood,” said Matt Stoller, research director at American Economic Liberties Project. “State enforcers have done the right thing in seeking to block it. It is time to stop oligarchs from strip-mining our culture and selling America off for parts. Blocking this megamerger is the first step in doing so.”
"Now that the federal government has abandoned antitrust enforcement in favor of cronyism and runaway consolidation, state attorneys general must step in to block this deal," said one critic.
The US Department of Justice on Friday approved Paramount Skydance Corporation's megamerger with Warner Bros. Discovery, prompting opponents of the $110 billion deal to place their hopes of blocking it in the hands of Democratic state attorneys general.
The DOJ's Antitrust Division approved the merger without requiring divestitures or behavioral remedies—a significant win for billionaire Paramount CEO David Ellison. Analysts and critics had suggested the DOJ might require sales of some of the corporation's numerous cable networks, streaming services, film and television studios, sports programming rights, or media outlets.
The DOJ also reportedly declined to impose conduct restrictions on bundling, distribution, licensing commitments, and other areas.
“If we had an uncorrupted Department of Justice, Paramount would not even have tried to merge with Warner Bros. Discovery, in plain violation of the law," Robert Weissman, co-president of the consumer advocacy group Public Citizen, said in response to the news of the DOJ approval. "If it had, a Department of Justice that was doing its job would have rushed to court to block the merger the moment it was announced."
“Now, however, a compromised DOJ has rubber-stamped a merger that consolidates power for the Ellisons, one of [President Donald]Trump’s preferred oligarch families," Weissman added. “This merger will jack up prices for consumers, cost workers their jobs and, most importantly, limit the range of viewpoints permitted to air on the major media or appear in movies and creative outlets. Put simply, this is an anti-free speech merger."
This is terrible news for every American who doesn't want Trump-aligned billionaires to control what they watch and how much they pay.The Paramount-Warner Bros. deal has reeked of corruption and influence-peddling.This fight isn't over. State AGs must block this merger.
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— Elizabeth Warren (@warren.senate.gov) June 12, 2026 at 1:48 PM
Craig Aaron, co-CEO of the advocacy group Free Press, said in a statement: “Despite all the talk about conducting a thorough investigation, the fix was in at the Trump Justice Department from the start. Paramount Skydance has fêted, flattered, and promised sweeping changes to news coverage to win the administration’s approval, despite evidence that giving one corporation this much media power—all the movie studios, cable channels, and newsrooms—will undermine competition, destroy jobs, slant the news, and endanger our democracy."
“We've already seen how far Paramount and the Ellison family are willing to go to diminish a once-proud network and news organization like CBS, and they promise to do worse if they get their hands on Warner Bros., HBO, CNN, and all the rest," he added. "The Ellisons aren’t hiding their intentions, and no weak concessions will make this deal any better."
Congressman Jamie Raskin of Maryland, the top Democrat on the House Judiciary Committee, warned earlier this week that approval of the merger would result in "the same kind of unprecedented pro-MAGA editorial control we have seen at CBS News and '60 Minutes.'"
Raskin also contended that the merger could mean that "American consumers, who already pay an average $69 a month for streaming on top of $100 a month for cable and $78 for internet," will pay "even more for sports, news, and entertainment."
As Politico's Yasmin Khorram reported Friday:
The [DOJ] decision... paves the way for Paramount to combine with the entertainment and media company behind a vast film and television studio, CNN, and the HBO Max streaming service, which would be combined with Paramount+ to create a new offering boasting about 200 million subscribers. The deal, which would upend the Hollywood ecosystem by combining two historic rival studios, is opposed by many in the entertainment industry who fear it could lead to mass layoffs, among other concerns.
The DOJ's reported approval of the merger does not necessarily mean the deal is done. Several states are weighing antitrust challenges, most notably California, where the office of Democratic Attorney General Rob Bonta is conducting what he called a "vigorous" review of the proposed merger to determine how it would impact competition in entertainment, streaming, advertising, and labor markets. Reuters reported earlier this month that California, New York, and other states are preparing a lawsuit aimed at blocking the merger.
“The good news is, this is not the last word on the matter," Weissman said. "Competition authorities in the states and other countries can still follow the law and stand up for the public interest against this media consolidation. Now that the federal government has abandoned antitrust enforcement in favor of cronyism and runaway consolidation, state attorneys general must step in to block this deal."
Aaron said that states "have strong case for blocking this merger, and many brave journalists, filmmakers, and workers in the entertainment industry have spoken out against the dangers of this deal despite threats to their livelihoods."
"They are warning us what will happen if this deal goes through, and we must listen," he added. "The attorney generals have the evidence they need to stop this deal; now the public needs them to take action.”
Last year's merger between Paramount Global, Skydance Media, and National Amusements was itself opposed by critics who sounded similar alarms over corruption, antitrust issues, labor concerns, and attacks on editorial independence.
CBS, a Paramount Global company, announced the cancellation of "The Late Show with Stephen Colbert" during the merger review period. While Paramount claimed the cancellation was a financial decision, critics said its timing suggested at least indirect political pressure, given Colbert's vocal criticism of Trump and the need for merger approval from the Federal Communications Commission. FCC Chair Brendan Carr was appointed by Trump and has been dogged by allegations that he's more loyal to the president's agenda than to his agency's stated mission.
One of the biggest recurring flashpoints involves claims of corporate pressure and censorship at CBS' venerable "60 Minutes" weekly current affairs program. Numerous former "60 Minutes" journalists and others have accused Bari Weiss—the right-wing podcaster who became CBS News editor-in-chief after the merger—of political censorship.
Earlier this month, a coalition of press freedom groups warned that recent firings of "60 Minutes" journalists were a “grotesque effort taken straight from an authoritarian handbook” that posed a much wider threat to democracy, and highlighted that an approved Paramount Skydance-Warner Bros. Discovery merger would hand control of CNN, a Warner Bros. company, to the same billionaire family that now owns CBS.
The coalition argued that the merger “would open the door to improper political meddling in journalists’ editorial decisions" and "alter CNN’s editorial direction (not to mention meddle with HBO’s documentaries) to be more friendly to the [Trump] administration, threatening press freedom."