Attorney General Raúl Torrez today issued the following statement after the U.S. District Court for the Northern District of California granted a request for a temporary restraining order (TRO) halting the merger of Warner Bros. Discovery, Inc. (Warner Bros.) by Paramount Skydance Corporation (Paramount). The TRO halts the merger while the court considers a ruling on a preliminary injunction, which would block the merger for the duration of the litigation.

“This victory is a great first step in preserving choice and affordability in entertainment for New Mexico working families, as well as the longevity of our state’s film industry. If this merger and near monopoly were allowed to go forward, it would reduce competition for all of us and it could have a detrimental impact on good-paying jobs. My office will continue to protect the rights of consumers in New Mexico, as well as our state’s unique film industry.” – AG Torrez