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Paramount settles, clears Warner acquisition

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Paramount settled with several US states to drop lawsuits, clearing the way for its roughly $110 billion acquisition of Warner Bros. after agreed concessions to state demands.

Reposted by Robert B. Reich

4%
ddayen.bsky.social
The worst part of Bonta caving on the Paramount merger is that it's a big flashing signal to every other company that there is no antitrust enforcement in America and you can bully your way into getting whatever you want. It's a monumentally bad decision.
September 21, 2026 at 3:26 PM

Reposted by Victor Pickard

4%
karlbode.com
for your future voting knowledge, Gavin Newsom was central in pressuring the AGs to settle their antitrust lawsuit against Paramount:
Done! Paramount Settles Antitrust Suit, Set To Seal Deal For Warner Bros. Discovery
Paramount agreed to settle an antitrust suit by a dozen State Attorneys General led by California's Rob Bonta, the last obstacle to its merger with WBD.
deadline.com
September 21, 2026 at 4:22 PM

by David R. Miller

12%
davidryanmiller.com
"[T]he deal will also create a board intended to insulate Warner's CNN from corporate intervention in newsroom decisions, a demand from several of the attorneys general."

Oh yes, a "board" to "insulate" CNN from corporate, I have great faith that will keep the Ellisons from enshittifying CNN!
npr.org NPR @npr.org · 3h
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. n.pr/4yaUT42
Paramount 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.
n.pr
September 21, 2026 at 5:43 PM

by Brian Keegan

4%
brianckeegan.com
and right on cue we have states AGs settling with a giant law-breaking corporation for absolutely nothing in return

bsky.app/profile/phil...
September 21, 2026 at 4:55 PM

Reposted by David R. Miller

4%
npr.org
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. n.pr/4yaUT42
Paramount 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.
n.pr
September 21, 2026 at 4:51 PM

Reposted by Nathan P. Kalmoe

2%
jakemgrumbach.bsky.social
California delivered a massive win for Trump’s oligarch coalition on the Paramount-WBD merger
September 21, 2026 at 6:59 PM

Reposted by Brian Keegan

1%
phillewis.bsky.social
Paramount has reportedly reached a settlement with California and other states suing to block its proposed acquisition of Warner Bros
Paramount to Settle Lawsuits, Paving Way for Warner Bros. Merger
Paramount Skydance Corp. has reached a settlement with California and other states suing to block its proposed acquisition of Warner Bros. Discovery Inc., according to a person familiar with the matte...
www.bloomberg.com
September 21, 2026 at 2:52 PM

Reposted by Nathan P. Kalmoe

2%
carlquintanilla.bsky.social
".. The settlement, which is expected to be announced later today, paves the way for one of the largest mergers in Hollywood history."

@bloomberg.com #$PSKY #$WBD
www.bloomberg.com/news/article...
Paramount to Settle Lawsuits, Paving Way for Warner Bros. Merger
Paramount Skydance Corp. has reached a settlement with California and other states suing to block its proposed acquisition of Warner Bros. Discovery Inc., according to a person familiar with the matte...
www.bloomberg.com
September 21, 2026 at 2:06 PM

by Richard F. Catalano

0%
fabiancat.bsky.social
"California consumers and workers are well served by Bonta’s lawsuit — and would be betrayed if he abandoned it."

open.substack.com/pub/contrari...
AGs Must Not Cave to Paramount’s Empty Threat to Leave California
No company should be allowed to bully a state into abandoning its job of protecting consumers.
open.substack.com
September 20, 2026 at 8:33 PM

Reposted by Sarah Roberts

1%
peark.es
I'm sure there's more detail to come under the hood but TLDR #$PSKY bought off California by promising to release at least 30 films per year in theaters, and without California the other holdouts didn't see a way forward.
Settlement talks came to fruition over the weekend after four states that had opposed terms of a deal outlined with California conceded, said the person, who asked not to be named discussing confidential negotiations. The settlement, which is expected to be announced later today, paves the way for one of the largest mergers in Hollywood history. Lawyers for the states worked all night on the agreement, the person said. Four states — Massachusetts, New York, Connecticut and Minnesota — had been holdouts on a possible settlement, but ultimately concluded the expense of the legal battle was not justifiable without California at the helm, the person said.  The states that held out longer did succeed over the past week in securing independent editorial boards for CBS and CNN as part of the deal, the person said. The terms are said to include a financial penalty if the company fails to make good on a promise to distribute 30 films per year in theaters.
September 21, 2026 at 2:01 PM
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