Story perspectives
Judge to Decide If Paramount Trial Avoided After Settlement Conference
By Drooid · · How we work
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Story summary
- Paramount Pictures and California Attorney General Rob Bonta will hold a settlement conference in late October.
- Magistrate Judge Thomas Hixson will oversee the conference.
- Judge Hixson will decide whether the March 2 trial can be avoided.
- Paramount faces a $7 million daily fee starting Oct. 1, costing $650 million per quarter.
- If the merger fails, Paramount would owe Warner Bros. Discovery a $7 billion termination fee by June 4.
