California AG Bonta asserts Paramount-WBD deal would need ‘robust’ concessions from Ellison

Bonta told CNBC’s David Faber that he would need “really robust structural remedies” from Paramount to address the anticompetitive risks mentioned in the lawsuit.

Rob Bonta said a negotiated resolution is possible but that any deal would need to address concentration in film and basic cable TV markets

California AG Rob Bonta discussed the states' antitrust case to block the Paramount Skydance-Warner Bros. Discovery merger with CNBC's David Faber.

In an interview with The Hollywood Reporter, Bonta took aim at the Paramount mogul: “He cannot flee accountability."

David Ellison, we have been told, loves Hollywood. He loves movies. In trying to rally industry support behind the Paramount-Warner Bros. megamerger, he has claimed the combined studios will release an unprecedented 30-plus films a year. Waving the banner for the entertainment industry in his home state, Ellison also h

Paramount seeks $1.88 billion bond from state AGs over merger lawsuit  Reuters

Following its merger with Warner Bros., Paramount is demanding that California and other US states suing to block the merger put up the funds to cover fees the company must pay if the deal is delayed.

Following its merger with Warner Bros., Paramount is demanding that California and other US states suing to block the merger put up the funds to cover fees the company must pay if the deal is delayed.