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California AG blocks Paramount-Warner Bros merger, facing actor Mark Ruffalo's public pressure.

Market News
20 Sep 2026
Fox Business
View Source
Bearish
California AG blocks Paramount-Warner Bros merger, facing actor Mark Ruffalo's public pressure.

California Attorney General Rob Bonta is leading efforts to block the proposed $110 billion merger between Paramount and Warner Bros. Discovery, citing concerns over reduced competition and excessive market power. Actor Mark Ruffalo has publicly urged Bonta not to approve the deal, mobilizing supporters to protest. Paramount CEO David Ellison has threatened to relocate the company if the merger is blocked. The lawsuit by Bonta and 11 other state attorneys general is set for trial in March if no settlement is reached, with ongoing negotiations continuing.

The Paramount-Warner Bros. merger fight is the subject, with Pluang's Media sector data providing context. Of 44 US Media stocks on Pluang, 11 rose and 32 fell today. Spotify Technology dropped 3.67% to USD 509.45 with 100% buy order activity, Bilibili Inc rose 3.47% to USD 14.90, and Fiverr International Ltd fell 2.75% to USD 8.50. Data is as of Sep 20, 2026 17:51 WIB.

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