Source: BBC News [UK state media]
“Paramount Skydance has settled a lawsuit with dozens of US states, removing a major hurdle to its $110bn (£82.8bn) merger with Warner Bros Discovery. California Attorney General Rob Bonta told a news conference that state officials agreed to terms after securing commitments to protect competition across film and television, and broadcasting. Still, ‘the settlement is not a vote of support for this merger,’ Bonta said. ‘I don’t think these two companies should merge’. Paramount chief executive David Ellison hailed the resolution, saying: ‘Our shared aim was an outcome that best serves consumers, workers and – most importantly -the creative community so vital to the art of visual storytelling.’ In a statement, Ellison said that now the state attorneys general and the Writers Guild of America (WGA) concerns had been addressed, ‘we have complete clearance for this merger and look forward to putting these commitments into action’.” (09/21/26)