California and 11 other states filed suit on July 13 seeking to halt Paramount's $110 billion acquisition of Warner Bros. Discovery, alleging reduced competition in film distribution and basic cable. The complaint claims the combined firm would control 27 percent of U.S. film distribution, 30 percent of blockbuster distribution, and 27 percent of basic cable channels. Attorney General Rob Bonta stated the transaction would produce higher prices and less content for theaters, distributors, and audiences.