On Monday, California Attorney General Rob Bonta materialized on a dusty patch of trail in front of the Hollywood sign to announce that he and 11 fellow state A.G.s had sued to block the Paramount–Warner Bros. Discovery merger. His complaint dutifully catalogued the threats to moviegoers, theatrical distributors, and cable operators, as well as the familiar harms: extensive job losses, weakened competition, fewer movies and TV shows. But despite months of Beltway and media-class yarn-spinning about Bari Weiss and the ostensible destruction of the news media, it was strikingly indifferent to the prospect of two of the nation’s most storied brands, CBS and CNN, coming under the same corporate roof.