Rob Bonta

Not a done deal.

The regulatory process still needs to be completed.

There are hurdles there that have not been traversed yet by this proposed deal.

And we have a job to do, and we're going to do it.

We have an investigation.

We're looking at the deal.

We're looking at its potential anti-competitive impacts.

And we know that corporate consolidation tends to...

increase prices, lower wages, lower competition, lower quality and limit choice.

So we're going to take a close look at that, as is our job, and make an independent assessment based based on the law and the facts.

Well, one of the we are looking at that for sure.

One of the first questions is what is the appropriate market issue?

It's the market definition.

And one is studio.

You know, it will be a studio market consolidation.

There's also a streaming service market consolidation here.

so there's a couple different markets at issue and you know california is the home of hollywood with the fourth largest economy in the world what could this merger uh should it go through and be approved and and get through the regulatory process mean it could mean less choices for consumers higher prices for consumers less a less robust creative um uh

output and set of processes.

It can mean fewer choices and lower quality.

So there's a lot at stake here for the 40 million Californians.