Topic

Skydance settles lawsuits, clears takeover

8m

David Ellison’s Paramount Skydance reached a settlement with U.S. state attorneys general that resolved lawsuits blocking its about $110 billion takeover of Warner Bros. Discovery.

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Paramount Cleared to Buy Warner Bros. www.nytimes.com/2026/09/21/b...
Paramount Cleared to Buy Warner Bros.
Plus, news outlets sue Trump over White House ban. Here’s the latest at the end of Monday.
www.nytimes.com
September 22, 2026 at 1:36 AM
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Very disappointing
September 21, 2026 at 9:07 PM
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Paramount to Settle States’ Lawsuit, Clearing Way for Warner Bros. Merger www.nytimes.com/2026/09/21/b...
Paramount to Settle States’ Lawsuit, Clearing Way for Warner Bros. Merger
By resolving a lawsuit filed by a group of states, the media mogul David Ellison removed the last major hurdle he faced in buying Warner Bros. Discovery.
www.nytimes.com
September 21, 2026 at 7:06 PM
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"[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 · 20h
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
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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

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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
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A profound disappointment & major blow against any hope for democratic governance over our media system. Individual policymakers & media owners keep failing us, succumbing to perverse incentives. It's a systemic failure, requiring a structural overhaul of our entire media system from root to branch.
September 21, 2026 at 4:40 PM

Reposted by David Johnson

6%
A merged Paramount Warner Bros. will be half-owned by “some of the most repressive governments in the world."

“An investment this large in one of America’s biggest media companies doesn’t just buy equity, it secures influence over what gets said and what gets made.”

arstechnica.com/tech-policy/...
FCC lets Paramount sell 49.5% equity stake to Saudi Arabia, UAE, and Qatar
FCC rejects concerns about repressive governments buying influence over CBS owner.
arstechnica.com
September 21, 2026 at 4:38 PM
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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

Reposted by Robert B. Reich

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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 Sanford F. Schram

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The State AGs were on pace to kill the Paramount/Warner Bros by litigation and delay until Gavin Newsom stepped in and turned the tide. Now the Trump loyalist Ellisons will control CNN and HBO. Don't ever, ever forget that Newsom stabbed us in the back
www.wsj.com/business/med...
Exclusive | Newsom Expresses Concerns About State Antitrust Suit Against Paramount
The California governor has told people involved in the suit that blocking the $81 billion deal could harm Hollywood jobs.
www.wsj.com
September 21, 2026 at 3:19 PM

Reposted by Brian Keegan

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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 Robert B. Reich

3%
Exclusive: Paramount has 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 matter.
bloom.bg
September 21, 2026 at 2:33 PM