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Paramount Skydance to settle antitrust lawsuit, advancing $110B merger with Warner Bros. Discovery

Market News
21 Sep 2026
CNBC
View Source
Bullish
Paramount Skydance to settle antitrust lawsuit, advancing $110B merger with Warner Bros. Discovery

Paramount Skydance will settle with state attorneys general who sued to block its $110 billion merger with Warner Bros. Discovery, allowing the deal to proceed. The lawsuit, led by California and 11 other states, raised antitrust concerns and threatened to delay the merger until mid-2027, costing Paramount hundreds of millions in fees. The merger combines major film studios, TV networks, and streaming services Paramount+ and HBO Max. With the settlement, the deal is expected to close without further delay, benefiting both companies and their investors.

The Paramount and Warner Bros. merger is set to proceed after settling with state attorneys general. For readers following the media sector, here is Pluang's market snapshot as of Sep 21, 2026 22:02 WIB: 29 of 42 priced US media stocks rose today. Manchester United PLC (MANU) rose 3.20% to USD 20.32, Tencent Music Entertainment Group (TME) increased 2.96% to USD 7.99, and Zillow Group Inc Class A (ZG) gained 2.66% to USD 31.05.

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