California has a lot to lose if Paramount Skydance buys Warner Bros Discovery and could stand in the way of a deal, while Paramount’s deep political connections to the Trump administration are expected to smooth the path to federal regulatory approval.

This is read by an automated voice. Please report any issues or inconsistencies here. Paramount Skydance’s jubilation over its come-from-behind victory to claim Warner Bros. Discovery has entered a new phase: Call it the deal-debt hangover. Two major ...

California Atty. General Rob Bonta called out the federal government for largely vacating its role as antitrust regulator, saying it's now up to California and other states to look out for consumers' interests. Bonta, the state's top law enforcement ...