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Paramount nears deal with California AG to resolve $81B Warner Bros. Discovery merger lawsuit

Market News
18 Sep 2026
New York Post
View Source
Bearish
Paramount nears deal with California AG to resolve $81B Warner Bros. Discovery merger lawsuit

Paramount Skydance is in advanced talks with California Attorney General Rob Bonta to settle his lawsuit blocking Paramount's $81 billion acquisition of Warner Bros. Discovery. The discussions include possible compromises such as operating Paramount and WBD studios separately for a period instead of merging immediately. Paramount faces a $7 million daily fee if the deal isn't completed by October 1 and has requested a $1.88 billion bond to cover delay costs, which Bonta rejected. California officials, including Governor Gavin Newsom and LA Mayor Karen Bass, urge a settlement to preserve thousands of local jobs and prevent Paramount from relocating out of the state.

Paramount's acquisition talks with California AG Rob Bonta come as 31 of 43 Media-sector US stocks on Pluang fell today. For readers following the Media sector, here is Pluang's market snapshot as of Sep 19, 2026 04:41 WIB: FUBO dropped 5.85% to USD 9.98 with 83% buy orders, IQ rose 4.63% to USD 1.13 with 83% buy orders, and NFLX declined 4.36% to USD 72.03 with 63% buy orders.

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