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State AG vs. Media Giant: Deal on Trial
10 Sep
Summary
- California AG sues to block $110B Paramount-Skydance deal.
- Deal faces a merits ruling or June 2027 trial.
- Key speakers at TheGrill 2026 include AG Bonta and exec Delrahim.
California Attorney General Rob Bonta, who is leading efforts to block the $110 billion Paramount-Skydance acquisition of Warner Bros. Discovery, is set to speak at TheGrill 2026 on September 30. Bonta spearheaded a coalition of 12 state attorneys general in suing to halt the deal in July, following the Justice Department's review. The states obtained an early restraining order, preventing the merger's closure until a ruling or June 2027, with a trial scheduled for March.
Makan Delrahim, Chief Legal Officer for Paramount Skydance, will also address the conference, presenting the defense of the transaction. Delrahim, formerly of Latham & Watkins and the Justice Department's Antitrust Division, brings extensive experience in antitrust law, having previously cleared the Disney-21st Century Fox merger and challenged the AT&T-Time Warner deal.
At TheGrill, both Bonta and Delrahim will delve into the implications of industry consolidation, regulatory challenges, and the future of media mergers. The transaction's regulatory review is expected to set precedents for future deals in the rapidly evolving entertainment landscape. The event will be held at the DGA Theater in Los Angeles.
