Paramount settles lawsuit to clear Warner Bros merger path

Summarised from 9 outlets · Updated 21 Sept, 18:57

Paramount has reached a settlement with US states challenging its $110bn acquisition of Warner Bros Discovery.

Paramount agreed to settle with 12 state attorneys general who had sued to block the deal. The settlement removes a major obstacle to the media merger. The New York Post reports the concessions include a $1.5bn investment in California film production.

How it is being reported

• Paramount reaches bombshell settlement with California AG Rob Bonta on Warner Bros. mergerNew York Post · 21 Sept, 22:05
• Paramount Skydance settles with 12 states over acquisition of Warner Bros. DiscoveryCBS News · 21 Sept, 19:15
• Paramount Skydance reaches antitrust deal with states over Warner Bros. Discovery purchaseCBS News · 21 Sept, 18:53
• Paramount settles with US states in step towards merger with Warner BrosAl Jazeera · 21 Sept, 18:42
• Paramount settles lawsuit blocking $110 billion Warner Bros. mergerThe Verge · 21 Sept, 18:42
• Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner BrosBBC News · 21 Sept, 18:36
• Paramount to resolve antitrust lawsuit, clears path to buy WarnerUPI · 21 Sept, 18:05
• Paramount settles lawsuits with 12 US states, clearing way for Warner mergerGuardian Business · 21 Sept, 17:52
• Paramount makes concessions to salvage $111 billion Warner Bros. Discovery dealNPR · 21 Sept, 17:40
• Paramount clears hurdle to $110bn Warner Bros merger after settlementSky News · 21 Sept, 15:54
• Paramount reaches settlement with California’s Rob Bonta to clear Warner Bros. merger: sourcesNew York Post · 21 Sept, 15:52

In this story: Paramount · Warner Bros Discovery · California · David Ellison · Rob Bonta

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem