Paramount Slams States' Lawsuit Over Warner Bros. Merger as 'One of the Weakest' in Modern History The $111 billion merger between Warner Bros.
Discovery and Paramount Pictures has been met with skepticism by a coalition of 12 states, which argue that the combined entity will harm theaters and cable distributors by creating unlawful market concentration.
But as lawyers for Paramount began to lay out their case against the antitrust lawsuit in court this week, it's becoming clear that the stakes are being exaggerated.