Oregon’s Attorney General withdraws effort to delay Paramount and Warner Bros. merger
Oregon Attorney General Dan Rayfield has abandoned his attempt to delay Paramount's takeover of Warner Bros. Discovery, dropping the civil investigative demand he had filed to obtain documents about the deal. He had also asked a state circuit court judge to postpone the merger's closing by 60 days so his office could review the records. The withdrawal removes one of the obstacles to the merger, though Rayfield's office framed the move as a response to Paramount's refusal to cooperate rather than an endorsement of the deal.
Rayfield had been particularly interested in documents relating to Paramount's lobbying, codenamed "Project Warrior". Paramount is run by David and Larry Ellison, prominent Trump supporters with close White House ties, and the President had publicly warned that rival bidder Netflix would "pay the consequences" if it did not remove Trump critic Susan Rice from its board. Rayfield's communications director said Paramount had made clear it would not comply and behaved as though it was "above the law", so the office withdrew the motion to weigh its next steps. While Oregon's effort has stalled, California, New York and the UK are reportedly considering antitrust action to block the merger, and figures across Hollywood have voiced opposition.
- Oregon's AG has dropped his bid to delay the Paramountu2013Warner Bros. merger.
- He withdrew after Paramount refused to hand over lobbying documents.
- California, New York and the UK may still move to block the deal.