Story perspectives
Paramount Plans CBS News Move to Push Warner Settlement
8/14/2026
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Story summary
- Paramount may move CBS News from New York City as leverage in California AG Rob Bonta’s $110 billion Warner Bros. Discovery lawsuit.
- CEO David Ellison wants a settlement by Oct. 1, though talks have not started.
- Paramount’s board approved moving its Hollywood studio out of California if no settlement is reached.
- A federal judge set a March 2027 trial and imposed a $7 million-per-day penalty until the merger closes.
