Paramount Skydance's proposed acquisition of Warner Bros. Discovery is in regulatory limbo as state attorneys general seek to block the deal. CNBC's Julia Boorstin, Lillian Rizzo and Alex Sherman discuss the twists and turns of the megamerger, what it means for media M&A at large, and what happens next.
Chapters:
0:00-0:48 Introduction
0:49-2:56 How we got here
2:57-5:26 Regulatory hurdles
5:27-8:25 What comes next
Reporting by Julia Boorstin, Lillian Rizzo, Alex Sherman
Produced and Shot by Devan Burris
Edited by Darren Geeter
Senior Managing Producer Tala Hadavi
Addditional Camera Rowan Buck and Andrew Katchen
Animation by Jason Reginato
Additional Footage Getty Images
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