Paramount-WBD merger faces antitrust lawsuit from 12 states over cable dominance

Twelve US states have filed an antitrust lawsuit against the proposed merger of Paramount and Warner Bros. Discovery. Their central argument focuses on cable television: the combined company would own more than 50 networks and control more than a quarter of total cable revenue. The case highlights how cable's remaining market share can still block major media consolidations, even as the sector declines.