Twelve state attorneys general filed a lawsuit on Monday. They want to stop Paramount Skydance's deal to buy Warner Bros Discovery.

The deal is worth $110 billion. California Attorney General Rob Bonta leads the group.

The coalition includes attorneys general from both major US political parties. The lawsuit says the merger would hurt competition.

It also says prices for consumers would rise. The suit claims the deal would cause thousands of job losses.

States say the merger would harm movie theaters. They argue it would damage America's entertainment industry.

They say the combined company would have too much power. This challenge comes after regulators already approved the deal.

The Department of Justice cleared the merger in June 2026. It approved the deal without any conditions.

Paramount's stock price has dropped about 30% in 2026. Reports link the drop to worries about the company's debt.