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States sue to block Paramount-Warner Bros. Discovery merger over antitrust concerns

Market News
20 Aug 2026
CNBC
View Source
Bearish
States sue to block Paramount-Warner Bros. Discovery merger over antitrust concerns

California Attorney General Rob Bonta and 11 other states have filed a lawsuit to block the merger between Paramount Skydance and Warner Bros. Discovery, citing antitrust violations in the film and pay TV markets. The combined company would control nearly one-third of films and basic cable programming, raising concerns about market dominance. Bonta emphasized the lawsuit focuses on specific markets, rejecting discussions on unrelated topics like streaming or foreign regulators. Paramount has delayed the deal to June 2027, with a trial scheduled for March, but both sides remain open to settlement talks.

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Box spread ETFs offer T-bill-like yields with lower taxable income using options strategies.

Box spread ETFs offer T-bill-like yields with lower taxable income using options strategies.

With rising interest rates, Treasury bill ETFs are attractive but come with federal tax drawbacks. Box spread ETFs use a four-legged options strategy to mimic T-bill returns while minimizing taxable income and capital gains. Leading funds like Alpha ...

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Ether shows $2.17M more buy orders than sell orders on Binance spot market at $2,510.44

Ether shows $2.17M more buy orders than sell orders on Binance spot market at $2,510.44

Ether (ETH) currently has $2.1736 million more buy orders than sell orders on Binance's spot market, with the price at $2,510.44. Binance spot market shows the strongest near-term buy side liquidity compared to other platforms like Coinbase and OKX, ...

Technical Signals
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Empire Market co-creator sentenced to 40 years, ordered to forfeit $100M in Bitcoin.

Empire Market co-creator sentenced to 40 years, ordered to forfeit $100M in Bitcoin.

Raheim Hamilton, co-creator of the dark-web marketplace Empire Market, was sentenced to 40 years in prison and fined $5 million by a federal court in Chicago. He must also forfeit about 1,230 Bitcoin worth roughly $100 million, 24.4 Ether, and three ...

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Businesses lead Bitcoin buying in 2026 with 193K BTC, Strategy firm dominates with 175K BTC purchases.

Businesses lead Bitcoin buying in 2026 with 193K BTC, Strategy firm dominates with 175K BTC purchases.

In 2026, businesses have purchased a total of 193,000 Bitcoin, nearly 20 times more than nation-states, with the firm Strategy accounting for over 91% of these purchases (175,000 BTC). Despite a bearish market, this strong corporate and institutional...

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Starknet price jumps 53.64% amid growing interest in Ethereum Layer 2 solutions.

Starknet price jumps 53.64% amid growing interest in Ethereum Layer 2 solutions.

Starknet surged 53.64% to $0.1171, leading the top gainers as it gains traction in Ethereum Layer 2 scaling with zero-knowledge rollup technology. This rise reflects growing investor confidence in Layer 2 solutions addressing Ethereum's scalability a...

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