New York Attorney General Letitia James and 11 other attorneys general filed a lawsuit to block the proposed $110 billion merger between Paramount Skydance Corp. and Warner Bros. Discovery, Inc., alleging the merger would violate antitrust law by reducing competition in theatrical film releases and basic cable television markets, leading to higher prices for consumers and fewer diverse entertainment options.
The coalition seeks a court order declaring the merger illegal and preventing Paramount from acquiring Warner Bros.
This antitrust enforcement action does not directly involve privacy or data protection, so contract review for privacy-related clauses is not applicable. However, in-house legal teams should review merger-related agreements for antitrust compliance, including non-compete clauses, exclusivity provisions, and terms that could reduce competition in content production or distribution.
Entity
Paramount Skydance Corp.
Industry
Media & EntertainmentOfficial Press Release
https://ag.ny.gov/press-release/2026/attorney-general-james-sues-block-paramounts-merger-warner-bros
california et al v paramount skydance corp et al complaint 2
https://ag.ny.gov/sites/default/files/court-filings/california-et-al-v-paramount-skydance-corp-et-al-complaint-2026.pdf
New York Attorney General Enforcement Page
https://ag.ny.gov/press-releases
"Paramount Skydance Corp. (Paramount) and Warner Bros. Discovery, Inc. (Warner Bros.)"
"null"
"Clayton Act"
"would illegally undermine competition throughout the entertainment industry"
"seeking a court order declaring the merger illegal and preventing the two companies from combining"
"a coalition of 11 other attorneys general"
New York Attorney General Letitia James obtained a temporary restraining order from the U.S. District Court for the Northern District of California blocking Paramount Skydance Corp.'s proposed $110 billion merger with Warner Bros. Discovery, Inc. The lawsuit alleges the merger would illegally reduce competition in film and television, leading to higher prices and fewer choices for consumers.
$240K
The New York Attorney General investigated a group of debt buyers for filing foreclosure actions seeking payment of long-expired mortgage debts. The companies agreed to pay $240,000 in penalties and more than $242,000 in consumer restitution, stop seeking payment of time-barred debts, and amend claims in pending foreclosure cases.
$240K
New York Attorney General Letitia James reached an agreement with debt buyers that allegedly filed foreclosure lawsuits seeking payment on expired mortgage debt. The companies must pay $240,000 in penalties and more than $242,000 in restitution, and stop seeking expired payments in ongoing and future cases.
$6.0M
The New York Attorney General secured disgorgement settlements totaling $5,975,861 from four promoters of NovaTech and AWS Mining over fraudulent investment claims and an illegal pyramid scheme. The promoters were permanently banned from the securities, commodities, and cryptocurrency industries; the Attorney General separately asked the court to order NovaTech’s founders to pay $1.3 billion, which was not yet an order.
$98K
New York Attorney General Letitia James secured a settlement after T-Mobile raised prices on plans it had advertised with a promise that prices would never change. T-Mobile must offer affected customers refunds and other benefits, honor price guarantees through at least 2029 for customers who remain, clearly disclose limitations on future guarantees, and pay New York $98,000.
$2.6M
New York and Connecticut reached a settlement with Boston Children’s Health Physicians and its IT security provider, XTIUM, after a 2024 breach exposed private information of approximately 825,000 New York residents and 62,871 Connecticut residents. The companies will pay $2.64 million and implement enhanced cybersecurity measures; additional penalties are conditional on violating the settlement.