Story perspectives
California AG Cancels Paramount Settlement Talks Over Alleged Leaks
8/24/2026
1 of 2
Bonta Cancels Settlement
- California Attorney General Rob Bonta cancelled a settlement meeting with Paramount Skydance because of alleged bad-faith leaks.
- The meeting was intended to negotiate a settlement of the antitrust suit blocking Paramount’s $111 billion Warner Bros. Discovery acquisition.
- Bonta said any settlement must contain structural remedies such as divestitures, rejecting Paramount’s proposed behavioral fixes.
- If the merger misses September 30, Paramount will incur a $650 million quarterly fee, about $7 million daily.
1 / 2
