Paramount and Warner Bros. Get Federal Approval, but States May Still Block the Deal

The federal government said yes to merging Paramount and Warner Bros., but several states are preparing to sue to stop it. A court ruling against the deal in even one state could delay it into 2026. States worry the combined company would have too much power to control how shows and movies are sold to viewers. The companies must now decide whether to negotiate changes or face months of court battles.