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Paramount, California AG Meet to Settle $110B Merger Lawsuit

8/24/2026

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Story summary
  • Paramount Pictures and California Attorney General Rob Bonta are meeting to settle the Warner Bros. Discovery merger lawsuit.
  • The suit, filed by twelve state attorneys general in July 2026, challenges the $110 billion deal.
  • States allege the merger would control about 27% of wide-release theatrical market and over 30% of top-grossing films.
  • A 12-day trial is scheduled to begin March 2, 2027, in U.S. District Court.
  • Bonta says any settlement must include robust structural remedies, possibly divesting cable networks.