Twelve states sue Paramount over $81 billion Warner Bros. merger, arguing it would ‘extinguish competition’ and lead to lower quality shows Warner Bros. Discovery Twelve states sue Paramount over $81 billion Warner Bros. merger, arguing it would ‘extinguish competition’ and lead to lower quality shows admin July 15, 2026 0 Paramount and Warner Bros. Discovery received legal backlash over their merger in efforts to consolidate their services. Read More Read more about Twelve states sue Paramount over $81 billion Warner Bros. merger, arguing it would ‘extinguish competition’ and lead to lower quality shows