‘An Antitrust Disaster’: Democrats Decry Path Clearing for WBD Merger With Trump-Allied Paramount

Democrats are sounding the alarm about the now likely merger between two of Hollywood’s biggest studios, Warner Bros. Discovery (WBD) and Paramount Skydance—the latter of which is led by an ally of the Trump White House.

A potential deal between the two major companies cleared one of its biggest hurdles Thursday after Netflix, which has for months competed to acquire WBD, decided to walk away from negotiations. The decision came after an announcement that WBD’s Board of Directors earlier...