Paramount Blasts State AGs Antitrust Warner Bros. Lawsuit as 'Flawed'

Paramount Skydance defended its $111 billion Warner Bros. Discovery merger against a lawsuit filed by 12 state attorneys general, claiming the litigation distorts antitrust law and shields Netflix and tech platforms from competition. The deal has cleared regulators in 24 jurisdictions including the DOJ but faces potential UK intervention. If you're a content producer or studio not owned by Netflix or a tech giant, this merger blocking could freeze you out of the only distribution partners left willing to pay for your work. State AGs are shrinking the buyer pool; expect higher negotiating leverage from the ones who survive.