Article in The Guardian by Coral Murphy Marcos, 2/27/26
Headline: ” ‘Not a done deal’: California vows ‘vigorous’ review of Paramount-Warner Bros takeover”
Subhead: “Attorney general says $111bn deal will be investigated amid concerns over monopoly power and job losses”
“Rob Bonta, California’s attorney general, said his office will investigate a possible merger between Paramount Skydance and Warner Bros Discovery, hours after Netflix backed away from a planned takeover. . .”
”Bonta said in a post on X. ‘These two Hollywood titans have not cleared regulatory scrutiny — the California Department of Justice has an open investigation, and we intend to be vigorous in our review.’ . . . ”
Read the full article at:
https://www.theguardian.com/us-news/2026/feb/27/california-paramount-warner-bros
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Article in Media Matters by Matt Gertz, 2/26/26
Headline: “With Paramount set to take over WBD, Trump just steered a major news outlet into the hands of a crony”
Subhead: “He wants to turn America into Hungary”
“Another major media conglomerate teeters on the precipice of being absorbed by a deep-pocketed ally of President Donald Trump and his administration.
At the end of last week, Netflix had a signed deal to purchase the theatrical and streaming divisions of Warner Bros., with the company’s cable division — including CNN — set to be spun off into a separate company. Netflix had previously defeated a rival offer for all of Warner Bros. from Paramount, the media conglomerate owned by David Ellison, a Trump favorite and the son of the president’s buddy Larry Ellison, the billionaire. . .”
Read the full article at: