WBD PSKY Newsom Expresses Concerns About State Antitrust Suit Against Paramount -- WSJ California Gov. Gavin Newsom has expressed concerns a

WBD PSKY Newsom Expresses Concerns About State Antitrust Suit Against Paramount -- WSJ California Gov. Gavin Newsom has expressed concerns about the State's antitrust lawsuit that seeks to block Paramount's acquisition of Warner Bros. Discovery, and the ramifications of it for Hollywood, according to people close to the suit. In recent weeks, Newsom has told people involved in the matter that if the deal is blocked as a result of the suit, State employment would suffer, the people said. Newsom's Office has encouraged Attorney General Rob Bonta's Office, which has Independent authority to file such suits, to find a resolution out of court, the people said. Newsom's concerns represent a divide in views between two top elected officials in a State that has long been synonymous with Entertainment. Los Angeles has been squeezed by Hollywood's consolidation and cost cutting in the face of changing moviegoing habits, the rise of streaming and continued cord-cutting. It is unclear what impact, if any, Newsom's urging will have on the California attorney general's suit. Newsom does not have a role in the litigation and does not have authority over the State attorney general's actions. The.