Paramount, California AG Rob Bonta in Advanced Talks to Settle Warner Bros. Merger Lawsuit

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  "detected_at": "2026-09-18T23:16:37+00:00",
  "company": {
    "name": "Paramount",
    "domain": "paramount.com"
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  "data": {
    "url": "https://www.thewrap.com/industry-news/deals-ma/paramount-rob-bonta-warner-bros-merger-lawsuit-advanced-settlement-talks/",
    "title": "Paramount, California AG Rob Bonta in Advanced Talks to Settle Warner Bros. Merger Lawsuit - TheWrap",
    "excerpt": "Paramount and California Attorney General Rob Bonta are in advanced talks about a potential settlement to the latter’s lawsuit seeking to block the company’s pending $110 billion Warner Bros. Discovery merger, according to the Wall Street Journal. Bonta, who is suing alongside 11 other state AGs, previously said he’s open to reaching an out of court settlement, but has called on the David Ellison-led media giant to offer structural remedies, such as divestments, rather than behavioral remedies, like its pledge to release 30 films in theaters per year. The Journal reports that compromises under discussion include agreeing to operate the two companies’ movie studios separately for a period of time rather than immediately combining them. The talks are ongoing and there is no guarantee that an agreement will be reached. Per the New York Times , both sides have discussed ways to protect CNN’s editorial independence, as well as the possible divestiture of some of the cable channels (including Comedy Central). “Potential settlement talks are confidential,” a spokesperson for Bonta’s office told TheWrap. “We cannot confirm or deny whether settlement talks are occurring or their alleged substance.” Representatives for Paramount declined to comment. The advanced discussions come after Bonta previously canceled settlment talks with Paramount in August after accusing the media giant of...",
    "summary": "Paramount's pending $110 billion merger with Warner Bros. Discovery is facing a lawsuit from multiple state attorneys general, with a potential closing date delayed until at least June 1, 2027.",
    "planning": false,
    "image_url": "https://www.thewrap.com/wp-content/uploads/2026/07/david-ellison-rob-bonta-getty.jpg",
    "confidence": 0.9,
    "published_at": "2026-09-18T23:16:37Z",
    "effective_date": "2027-06-01",
    "article_sentence": "Paramount has agreed to delay the closing of the WBD merger until five days after the outcome of a trial, or June 1, 2027, whichever is earliest.",
    "amount_normalized": 110000000000,
    "related_company_name": "Warner Bros. Discovery",
    "related_company_domain": "wbd.com"
  }
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