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California AG stands firm against Paramount-Warner merger, open to good faith talks.

Market News
17 Sep 2026
New York Post
View Source
Bearish
California AG stands firm against Paramount-Warner merger, open to good faith talks.

California Attorney General Rob Bonta is actively opposing the $81 billion merger between Paramount Skydance and Warner Bros. Discovery, calling the legal battle a likely win. Despite pressure from California Democrats to settle to protect thousands of jobs, Bonta remains firm but open to sincere settlement talks. Paramount CEO David Ellison has threatened to leave California, potentially costing the state many jobs, but Bonta insists the decision to leave would be Paramount's alone. Talks involving the AG, Paramount, and the Writers Guild of America are scheduled, aiming for a resolution next month.

California Attorney General Rob Bonta's stance on the Paramount merger is the focus here, with Pluang's market data providing context. For readers following the US Media sector, as of Sep 18, 2026 02:31 WIB, 10 of 37 priced stocks rose while 27 fell. Notable movers include IQ (IQIYI Inc - ADR) at USD 1.14 with a +5.09% change and a typical hold time of 54 days, ZG (Zillow Group Inc Class A) at USD 30.88 down 3.52%, and RDDT (Reddit Inc) at USD 152.22 down 3.41% with a strong buy order activity of 91% and a typical hold time of 23 days.

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