The article argues that the states’ antitrust lawsuit against Paramount Skydance’s proposed acquisition of Warner Bros. Discovery is misguided and may damage, rather than protect, cinema operators. Its central claim is that blocking the deal could weaken a traditional studio that still depends on theatrical releases, while doing little to address the greater competitive pressure posed by streaming and technology companies.

The case, brought by a coalition of 12 states, contends that combining two major Hollywood studios would reduce competition, resulting in worse terms for cinemas and fewer or more expensive films for audiences. The article disputes that assessment, suggesting the merged company could be a stronger rival to dominant streaming platforms and more capable of sustaining film production and cinema distribution; the proposed transaction has been reported at roughly $81 billion.