L.A. Mayoral Candidate Nithya Raman Insists Paramount-Warner Bros. Discovery Merger Legality Be Decided in Court
Los Angeles mayoral candidate Nithya Raman has reiterated her position that the legality of the proposed Paramount Skydance-Warner Bros. Discovery (WBD) merger should be determined in court. Raman expressed strong support for California Attorney General Rob Bonta's antitrust lawsuit, which seeks to block the $111 billion deal. She cited a new county report estimating that the merger could lead to the loss of 4,500 film and television jobs, over 10,000 region-wide jobs, and billions of dollars in economic activity for Los Angeles. Raman characterized Paramount's alleged threat to leave California if the lawsuit is not dropped as an attempt to 'strong-arm' the state. Her statement contrasts with that of sitting L.A. Mayor Karen Bass, who called for a hasty settlement to alleviate industry uncertainty.