California Attorney General Rob Bonta said Sunday that his office is investigating the proposed merger between Paramount and Warner Bros. Discovery.
Bonta stated that the transaction has not cleared regulatory scrutiny and that there are red flags in the air everywhere.
Larry Ellison donated roughly $45 million to a political nonprofit supporting Donald Trump’s 2024 election efforts. He has since given additional millions to groups backing Trump, including some funds directed to legacy initiatives in Washington.
Oracle was selected as the architectural backbone for a $500 billion plan to build artificial intelligence data centers shortly after Trump’s second inauguration. The company also joined an investor group that gained control of TikTok’s U.S. operations in a 2025 deal.
Both the Ellison family and the Trump White House have denied any improper action or collusion in these matters.
