Bill Handel is questioning the logic behind the Paramount Skydance merger. The longtime KFI-AM 640 host argued that consolidation doesn’t create more competition.
What We Know: Bill Handel devoted part of his morning show on KFI-AM 640 in Los Angeles to criticizing arguments surrounding the proposed Paramount Skydance merger with Warner Bros. Discovery. Specifically, he took issue with claims from attorneys representing Paramount Skydance that the combined company would increase competition. Handel argued the transaction would instead consolidate major media assets under one corporate umbrella, making it difficult to accept the legal rationale that the deal would benefit competition. He also pointed to the U.S. Department of Justice’s decision not to challenge the acquisition on antitrust grounds.
What They Said: “So explain to me how a merger between two companies increases competition. I don’t quite get that. For example, imagine Google buying Bing and then buying Boom and Bang—all tiny little browsers. How does that increase competition? Who are we kidding? I don’t know how they justify that. I really don’t. (Paramount Skydance) will include two news networks, CBS News and CNN. Two major studios, Paramount and Warner Bros. and two subscription streaming services, Paramount+ and HBO Max.
“Now, the Justice Department said it’s not challenging the acquisition because it’s not likely to harm competition or American consumers. How is that possible? How does a merger create more competition? A merger consolidates … You have two companies that are basically doing the same thing and competing with each other, combining them makes the market less competitive. Explain that one to me. I don’t get it.” -Bill Handel
What Remains Unclear: Neither Paramount Skydance nor Warner Bros. Discovery has publicly responded to Handel’s criticism. It’s also unclear whether additional regulatory scrutiny could emerge before the transaction reaches its final stages.
What It Means: Handel’s comments reflect broader skepticism surrounding media consolidation and antitrust enforcement. As radio hosts continue discussing major industry transactions, debates over competition, consumer choice, and the growing concentration of media ownership are likely to remain front-and-center.
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Garrett Searight is Barrett Media’s News Editor, which includes writing daily news stories, features, and opinion columns. He joined Barrett Media in 2022 after a decade leading several radio brands in several formats, as well as a 5-year stint working in local television. In addition to his work with Barrett Media, he is a radio and TV play-by-play broadcaster. Reach out to him at Garrett@BarrettMedia.com.