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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.