Mayor's Criticism

New York City Mayor Zohran Mamdani criticized Paramount-Warner Bros. Discovery merger as a 'shameful monument to corruption'.

“This merger strikes a chilling blow against that freedom — and hands even more power to billionaires like David Ellison to decide what Americans see and hear, all while lifting scrutiny off the federal leaders who pushed it through.”

Merger Settlement Details

Twelve states including California and New York agreed to settle antitrust lawsuits against Paramount Skydance over its $111 billion bid for Warner Bros. Discovery.

Deal Terms

Paramount committed to release specific films per year, increase U.S. film production, honor union agreements, and form an editorial independence board.

New York Attorney General

New York Attorney General Letitia James praised Paramount's commitments for worker protections and continued monitoring of the agreement.

“Paramount's commitments will allow the film and television industry to continue to thrive with more movies produced in America and $1.5 billion of new investment in film production.”

State Concerns

Connecticut Attorney General William Tong expressed disappointment over inability to secure full divestiture of CNN and CBS News.

“We wanted and demanded full divestiture of CNN and CBS News. We wanted to save ethical and independent journalism and news.”

What Happens Next

Paramount's merger will reshape Hollywood while states monitor compliance with the settlement terms.