New Delhi, June 14 -- California and New York are leading a multi-state coalition preparing to file an antitrust lawsuit to block the $110 billion Paramount Skydance acquisition of Warner Bros. Discovery, opening a second front in Hollywood's biggest consolidation fight just 48 hours after the Justice Department cleared the same deal without conditions.

The legal challenge has been in the works for months. Mashable reported the coalition includes "several other states" alongside California Attorney General Rob Bonta and New York Attorney General Letitia James, and that the filing is expected in the coming weeks now that the federal regulatory path has closed off as a venue. The states are arguing that the merger would harm consumers thro...