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Newsom Pushes Antitrust Settlement for Paramount-Warner Merger

8/25/2026

Summary

Story summary

Governor Gavin Newsom wants an out-of-court settlement of the antitrust lawsuit over the Paramount-Warner Bros. Discovery merger.
Attorney General Rob Bonta says the 12-state coalition requires robust structural remedies to resolve the case.
Paramount CEO David Ellison warned he may move the company out of California if settlement isn’t reached by Oct. 1.
The board approved a possible relocation of Paramount’s headquarters staff as early as Oct. 1, Bloomberg reports.

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Story summary

Governor Gavin Newsom wants an out-of-court settlement of the antitrust lawsuit over the Paramount-Warner Bros. Discovery merger.
Attorney General Rob Bonta says the 12-state coalition requires robust structural remedies to resolve the case.
Paramount CEO David Ellison warned he may move the company out of California if settlement isn’t reached by Oct. 1.
The board approved a possible relocation of Paramount’s headquarters staff as early as Oct. 1, Bloomberg reports.