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Enforcement ActionLow RiskMultistate

Oregon AG Secures Temporary Restraining Order to Block Warner Bros./Paramount Merger

Paramount Skydance CorporationJuly 20, 2026Oregon Attorney General

Summary

Oregon Attorney General Dan Rayfield secured a temporary restraining order blocking Paramount Skydance Corporation's proposed $110 billion acquisition of Warner Bros. Discovery. The lawsuit, joined by 11 other state attorneys general, alleges the merger would harm Oregonians through higher prices, lower content quality, and reduced competition in film and television distribution.

Remedy

A federal judge granted a temporary restraining order blocking the proposed $110 billion acquisition of Warner Bros. Discovery by Paramount Skydance Corporation, pending further litigation.

Injunction

Contract Impact

In-house legal teams should review vendor and customer agreements for change-of-control and assignment provisions that could be triggered by a merger of this magnitude. Content distribution agreements with theaters and cable distributors should be examined for anti-competition clauses, exclusivity terms, and pricing protections. Any contracts with Paramount or Warner Bros. should be audited for merger-related termination rights or renegotiation triggers.

Contract Search Terms

merger clausechange of controlassignment provisioncompetition clauseanti-trust compliancemarket concentrationcontent distribution agreementtheater licensing agreementcable channel distribution

Violation Types

Entity Details

Entity

Paramount Skydance Corporation

Industry

Media & Entertainment

Multistate Coalition

Official Sources

Source Evidence

Entity Name
"Paramount Skydance Corporation"
Remedy Summary
"a federal judge granted a temporary restraining order blocking Paramount Skydance Corporation’s proposed $110 billion acquisition of Warner Bros. Discovery"
Is Multistate
"Attorney General Rayfield and a coalition of 11 other attorneys general filed a lawsuit"
Summary
"This proposed merger could mean real harm for Oregonians—for working families who will see higher costs and fewer options, for the small businesses and workers in our film and TV industry, and for our local movie theaters"

Related Enforcement Actions

CA

Paramount Skydance Corporation

A coalition of 12 state attorneys general, led by Colorado AG Phil Weiser, obtained a temporary restraining order from a federal court in California to halt the proposed $110 billion merger of Warner Bros. Discovery, Inc. by Paramount Skydance Corporation. The lawsuit alleges the merger violates Section 7 of the Clayton Act by substantially lessening competition in film distribution, anticipated blockbuster film distribution, and licensing cable TV channels.

OR

Paramount Skydance Corporation

Oregon Attorney General Rayfield and a coalition of 11 other attorneys general filed a motion for a temporary restraining order and preliminary injunction to block the $110 billion acquisition of Warner Bros. Discovery, Inc. by Paramount Skydance Corporation. The lawsuit alleges the merger violates Section 7 of the Clayton Act by substantially lessening competition in theatrical film distribution and basic cable television licensing, which would lead to higher prices and reduced content quality for consumers.

CT

Paramount Skydance Corporation

Attorney General William Tong joined a coalition of 12 attorneys general in suing to block the $110 billion acquisition of Warner Bros. Discovery, Inc. by Paramount Skydance Corporation. The lawsuit alleges the merger violates Section 7 of the Clayton Act by substantially lessening competition in theatrical film distribution and basic cable television licensing, which would harm consumers through higher prices and reduced quality.

OR

Paramount Skydance Corporation

Oregon Attorney General Dan Rayfield and a coalition of 12 state attorneys general filed a lawsuit challenging the $110 billion acquisition of Warner Bros. Discovery by Paramount Skydance Corporation. The lawsuit alleges the merger violates Section 7 of the Clayton Act by substantially lessening competition in theatrical film distribution and basic cable television licensing, which could lead to higher prices and reduced choice for consumers.

MN

Paramount Skydance Corporation

Minnesota Attorney General Keith Ellison joined a coalition of 12 state attorneys general in filing a lawsuit challenging Paramount's $110 billion acquisition of Warner Bros. Discovery. The lawsuit alleges that the merger violates Section 7 of the Clayton Act by substantially lessening competition in theatrical film distribution and basic cable television channel licensing, threatening higher prices and reduced innovation for consumers.

OR

Glenmark Pharmaceuticals

$29.6M

Oregon Attorney General Dan Rayfield and a bipartisan coalition of states reached a $29.6 million settlement with Glenmark, a generic drug manufacturer accused of conspiring with other pharmaceutical companies to inflate prices and limit competition for numerous generic prescription drugs. The settlement requires Glenmark to cooperate in ongoing multistate litigations and implement internal reforms to ensure fair competition and antitrust compliance.