The merger between Paramount and Warner Bros, which will carry $79 billion in net debt, is expected to significantly boost the company's streaming business and compete more effectively in a market dominated by Netflix. The merged entity will have one of the industry's deepest libraries of commercially proven intellectual property, uniting franchises such as "Game of Thrones", "Mission Impossible", "Harry Potter", "Top Gun", the DC Universe and "SpongeBob SquarePants". The deal is fully financed with $47 billion in equity from the Ellison Family and RedBird Capital Partners, with additional debt commitments of $54 billion from Bank of America, Citigroup and Apollo. However, the deal has faced scrutiny from California State Attorney General Rob Bonta, who warned that it could reduce consumer choice and lead to higher prices.