New York City Mayor Zohran Mamdani has sharply criticised the proposed Paramount Skydance acquisition of Warner Bros. Discovery, describing the deal as a 'shameful monument to corruption' and warning that the merger could place too much influence over American media in the hands of wealthy individuals.
Mamdani made the comments after a settlement between Paramount and a coalition of 12 US states cleared a major legal obstacle to the proposed acquisition. The agreement includes commitments involving US film production, worker support and editorial independence at major news organisations, but critics continue to question whether the merger would concentrate too much power within one media company.
