1222 ET - Paramount's unsolicited, all-cash offer to buy Warner Bros. Discovery faces its own set of regulatory risks, TD Securities analyst Paul Gallant writes in a note. President Trump's relationship with Paramount CEO David Ellison and his father Larry likely signals that the merger would clear a Department of Justice review. But that same closeness could fuel a challenge from Democratic attorneys general, Gallant writes, citing statements from Sen. Elizabeth Warren and Gov. Gavin Newsom. The acquisition could also be challenged on grounds of consolidating bargaining power in Hollywood and could additionally see scrutiny from regulators in Europe and the United Kingdom. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
December 08, 2025 12:23 ET (17:23 GMT)
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