Paramount and California AG Bonta Reportedly in ‘Advanced Talks’ to Settle Antitrust Suit

Covered by 16 sources
- NYT Business·6h agoHow Paramount Won Warner Bros.
Inside the settlement talks between the media mogul David Ellison and the coalition of states seeking to block his $111 billion deal.
Read at NYT Business → - The West Business·1d agoUS states settle lawsuit over Paramount-Warner merger
Hollywood writers and 12 US states challenging Paramount's buyout of Warner Bros have agreed to a settlement, paving the way for a merger.
Read at The West Business → - CBC Arts CA·1d agoParamount settles with U.S. states over Warner Bros. merger, clearing way for $81B US deal
The $81 billion US dollar blockbuster deal will bring together two of Hollywood's oldest studios, key TV networks like CBS and CNN and streaming platforms HBO Max and Paramount+, as well as decades of libraries with titles ranging from Harry Potter to Top Gun.
Read at CBC Arts CA → - Gizmodo AU·1d agoIt Looks Like Warner Bros. Will Soon Belong to Paramount as States Back Down
Paramount gets what it wants and the states and consumers get crumbs.
Read at Gizmodo AU → - BBC Business·1d agoParamount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros
Paramount has reached a settlement with the US states in a lawsuit challenging its $110bn merger with Warner Bros
Read at BBC Business → - Guardian International·1d agoParamount settles lawsuits with 12 US states, clearing way for Warner merger
States including California and New York sued over concerns of ‘extinguishing competition’ with $81bn merger Paramount has reached a settlement with California and several other states that sued over a proposed $81bn merger with Warner Bros Discovery (WBD), the California…
Read at Guardian International → - NPR News Now·1d agoParamount makes concessions to salvage $111 billion Warner Bros. Discovery deal
Paramount's owners have made concessions to 12 Democratic state attorneys general to settle a lawsuit that endangered the media company's bid for its larger Hollywood rival, Warner Bros. Discovery.
Read at NPR News Now → - Ars Technica·1d agoCalifornia settles lawsuit against Paramount/Warner merger, angering advocates
State AGs had "very strong" case that merger is illegal, Lina Khan says.
Read at Ars Technica → - Financial Times·1d agoParamount reaches settlement to clear path for $110bn Warner Bros deal
Studio will not divest assets and will keep operations in California under terms that could be announced today
Read at Financial Times → - Sky News Home·1d agoParamount clears hurdle to $110bn Warner Bros merger after settlement
Paramount has reached a settlement with California and other states that sued over the media giant's $110bn (£82.2bn) with Warner Bros Discovery.
Read at Sky News Home → - Deadline Hollywood·3d agoBlock The Merger & Elizabeth Warren Call Out AGs For Betrayal In Deal Talks With Paramount: “A Win Only For David Ellison”
Whatever the true state of settlement talks this weekend between Paramount, a coalition of state Attorneys General and the Writers Guild of America to end the antitrust action over the $111 billion Warner Bros Discovery merger are, the people against the deal from the beginning…
Read at Deadline Hollywood → - Variety·4d agoParamount and California AG Bonta Reportedly in ‘Advanced Talks’ to Settle Antitrust Suit
David Ellison’s Paramount Skydance is in “advanced talks” with California Attorney General Rob Bonta to settle the 12-state antitrust suit that’s holding up its takeover of Warner Bros. Discovery, the Wall Street Journal reported Friday, citing anonymous sources. A Paramount…
Read at Variety →
