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States Sue to Block Paramount-Warner Bros. Discovery Merger
Twelve Democratic-led states have sued to block Paramount's $110 billion acquisition of Warner Bros. Discovery, alleging the July 13, 2026, merger would consolidate nearly one-third of U.S. movie and cable programming, violating the Clayton Act and threatening consumer prices.
Antoine Fuqua's biopic "Michael" has made history, crossing $1 billion globally to become the first Hollywood biopic to reach this milestone. It is only the second film this year to achieve the billion-dollar mark.
UPDATE: Disney's live-action "Moana" remake, released July 10, 2026, underperformed, grossing just $95 million globally against its $250 million budget. Critics have panned the film, with a 34% Rotten Tomatoes score compared to the original's 96%.
The Bottom Line
Legal challenges to media consolidation are intensifying, while the box office highlights a stark contrast between a biopic's record-breaking success and a high-profile remake's commercial and critical struggles.
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