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Court Seeks Injunction Against $110B Paramount-Skydance Warner Deal

5/1/2026

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Story summary
  • A court sued to block Paramount Skydance’s $110 billion purchase of Warner Bros. Discovery.
  • Alioto and Foreman & Brasso seek an injunction and divestiture, saying the deal gives Paramount Skydance 24 percent of theatrical distribution, raises top-four concentration 10.2 points, and breaches Clayton Act Section 7.
  • Attorney General Rob Bonta said the merger is not finalized and under probe, and warned it would make firm second-largest news outlet behind Comcast and third-largest streaming platform ($17.9 billion revenue).