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California AG faces pressure over Paramount's $111B Warner Bros. Discovery merger settlement talks

Market News
19 Sep 2026
New York Post
View Source
Bearish
California AG faces pressure over Paramount's $111B Warner Bros. Discovery merger settlement talks

California Attorney General Rob Bonta is under intense pressure from Hollywood figures, including actor Mark Ruffalo, to reject a potential settlement that would allow Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery to proceed. The merger is currently challenged by an antitrust lawsuit involving Bonta and 11 other state attorneys general, with talks ongoing to avoid a trial scheduled for March 2027. Opponents argue that a settlement based on unenforceable promises would benefit Paramount CEO David Ellison while leaving others empty-handed. Paramount faces a $7 million daily fee if the deal is delayed past September 30 and has threatened to relocate operations out of California, risking up to 58,000 jobs in Los Angeles.

Mark Ruffalo and the Paramount-Warner merger deal provide context for Media-sector trading on Pluang. As of Sep 20, 2026 07:41 WIB, 11 of 44 US Media stocks rose while 32 fell. Notable movers include Bumble Inc at USD 2.79 (-5.74%), Netflix Inc at USD 71.77 (-4.70%), and Charter Communications Inc at USD 128.17 (-3.90%).

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