THAT'S NOT ALL FOLKS: ATTORNEY GENERAL BONTA FILES EMERGENCY MOTION TO IMMEDIATELY BLOCK WARNER BROS./PARAMOUNT MERGER

SACRAMENTO, Calif., July 13 -- The California Attorney General issued the following press release:

OAKLAND- California Attorney General Rob Bonta today led a coalition of 12 attorneys general in filing a motion for a temporary restraining order (TRO)and preliminary injunctionto immediately block the $110 billion acquisition of Warner Bros. Discovery, Inc. (Warner Bros.) by Paramount Skydance Corporation (Paramount), a deal that would likely lead to higher prices for audiences, lower quality, and less content for film and television.Earlier today,Attorney General Bonta and the coalition sued to stop the merger and asked Warner Bros. and Paramount not to close the merger until after the judicial process has a chance to fully evaluate the mer...