California's attorney general and 11 other states sued to block the proposed $111 billion merger between Paramount and Warner Bros. Discovery by August 21, 2026, citing antitrust concerns. Settlement discussions between the parties were scheduled for August 24, 2026.
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The proposed $111 billion merger between Paramount and Warner Bros. Discovery hit a roadblock after California's attorney general and 11 other states sued to stop it. That move was followed by Paramount Skydance CEO David Ellison threatening to take his operations out of California if the deal is not approved. William Brangham discussed more with Matthew Belloni of Puck News.
Paramount representatives and the California attorney general’s office plan to meet Monday, August 24, for preliminary talks on a possible settlement of an antitrust lawsuit challenging Paramount’s $111 billion acquisition of Warner Bros. Discovery [cnbc.com#1][nytimes.com#1][business-standard.com#1][krdo.com#2][thewrap.com#1][deadline.com#1]. The discussions remain preliminary, and Business Stand