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Paramount Skydance reportedly in advanced talks to settle suit blocking Warner Bros. Discovery takeover

Variety reports talks with California Attorney General Rob Bonta over a 12-state antitrust suit. Paramount declined to comment; Bonta’s office would neither confirm nor deny the talks.

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6 Sources, 11d ago, first seen 11d ago

TLDR

Variety reported on September 18 that Paramount Skydance was in “advanced talks” with California Attorney General Rob Bonta to settle the 12-state antitrust suit holding up its takeover of Warner Bros. Discovery. Paramount declined to comment, while Bonta’s office said potential settlement talks were confidential and would not confirm or deny them. One critic sharing the report warned against an easy settlement, arguing that the merger would raise streaming prices, lower wages and cost jobs.

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854.5K

6 Sources, first seen 11d ago

2K likes409 comments107 saves521 reposts

Combined views

854.5K

6 Sources, first seen 11d ago

2K likes409 comments107 saves521 reposts

Sentiment

Positive13.6%86.4%Negative

Based on 383 sentiment-bearing replies from 334 accounts across 2 conversations.

Sentiment

Positive13.6%86.4%Negative

Based on 383 sentiment-bearing replies from 334 accounts across 2 conversations.

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Paramount Skydance reportedly settles states’ challenge to Warner Bros. Discovery takeover

A post describing the settlement says Paramount Skydance would have to maintain Pluto TV, or another free ad-supported streaming television service, for five years.

6 Sources

@RepBeccaBLetting the billionaires ramming this merger through off easy would be a massive mistake. As a reminder, it would bring TikTok, CNN, and CBS under one roof, force prices up (like for streaming!), bring wages down, and lead to people losing jobs. We must remember that before it’s too late.
@businessThe settlement talks between Paramount and California officials over the planned acquisition of Warner Bros. Discovery are said to include a financial penalty if the company fails to distribute 30 films per year in theaters https://www.bloomberg.com/news/articles/2026-09-21/paramount-talks-include-penalty-for-missing-30-film-pledge?taid=6ab07833bdab480001610c55&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter
@ReutersParamount, California AG discuss concessions including $1.5 billion investment, WSJ reports https://reut.rs/4y8MTAD https://reut.rs/4y8MTAD
@ForbesDemocratic State AGs Are Reportedly Divided On Paramount-Warner Settlement Amid Pushback https://go.forbes.com/t7idWv
@WSJCalifornia’s attorney general and Paramount have discussed a series of potential concessions as part of advanced settlement talks, including a $1.5 billion investment by the company in domestic production (Corrects an earlier post, now deleted, that incorrectly said the investment was in production in California) https://on.wsj.com/4hBNrsG
@NBCNewsHolding signs reading “#BlockTheMerger,” protesters call on New York attorney general Letitia James to “stay strong” and resist making concessions in negotiations with Paramount. https://www.nbcnews.com/business/media/paramount-skydance-states-settlement-block-the-merger-rally-rcna598921?cid=sm_npd_nn_tw_ma&taid=6ab16746bdab48000161132a&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter
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    Paramount PicturesRob BontaLetitia James

    6 Sources

    @RepBeccaBLetting the billionaires ramming this merger through off easy would be a massive mistake. As a reminder, it would bring TikTok, CNN, and CBS under one roof, force prices up (like for streaming!), bring wages down, and lead to people losing jobs. We must remember that before it’s too late.
    @businessThe settlement talks between Paramount and California officials over the planned acquisition of Warner Bros. Discovery are said to include a financial penalty if the company fails to distribute 30 films per year in theaters https://www.bloomberg.com/news/articles/2026-09-21/paramount-talks-include-penalty-for-missing-30-film-pledge?taid=6ab07833bdab480001610c55&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter
    @ReutersParamount, California AG discuss concessions including $1.5 billion investment, WSJ reports https://reut.rs/4y8MTAD https://reut.rs/4y8MTAD
    @ForbesDemocratic State AGs Are Reportedly Divided On Paramount-Warner Settlement Amid Pushback https://go.forbes.com/t7idWv
    @WSJCalifornia’s attorney general and Paramount have discussed a series of potential concessions as part of advanced settlement talks, including a $1.5 billion investment by the company in domestic production (Corrects an earlier post, now deleted, that incorrectly said the investment was in production in California) https://on.wsj.com/4hBNrsG
    @NBCNewsHolding signs reading “#BlockTheMerger,” protesters call on New York attorney general Letitia James to “stay strong” and resist making concessions in negotiations with Paramount. https://www.nbcnews.com/business/media/paramount-skydance-states-settlement-block-the-merger-rally-rcna598921?cid=sm_npd_nn_tw_ma&taid=6ab16746bdab48000161132a&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter
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