🏛️ State antitrust suit blocks $111B Paramount–WBD merger
A $111B Paramount–Warner Bros. Discovery merger is held hostage by a 12-state antitrust suit — and LA feels it. 🏛️ Starting Oct 1, Paramount faces a ~$7M-per-day ticking fee while court delays stack up. Ellison threatens to relocate LA headquarters, putting up to 57,980 local jobs at