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Paramount Negotiates Settlement to Block States’ Warner Deal Lawsuit

By Drooid · Sep 19, 2026, 4:14 AM UTC · How we work

Summary

Story summary

Paramount Pictures is negotiating a settlement to block California and 11 states’ lawsuit over its $110 billion Warner Bros. acquisition.
Paramount shares rose nearly 7% after close while Discovery shares gained 8.4% in after-hours trading.
Paramount must pay $7 million daily to Warner Bros. shareholders after September 30 until the merger closes.
States sued in July, alleging higher movie and TV prices, after regulators cleared the merger during President Donald Trump’s era.

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Story summary

Paramount Pictures is negotiating a settlement to block California and 11 states’ lawsuit over its $110 billion Warner Bros. acquisition.
Paramount shares rose nearly 7% after close while Discovery shares gained 8.4% in after-hours trading.
Paramount must pay $7 million daily to Warner Bros. shareholders after September 30 until the merger closes.
States sued in July, alleging higher movie and TV prices, after regulators cleared the merger during President Donald Trump’s era.