Warner Bros. Discovery stories

Sep 21, 2026

Paramount reaches settlement with 12 state attorneys general, clearing path for Warner Bros merger

Paramount Skydance reached a settlement with 12 state attorneys general who had sued to block its $110 billion acquisition of Warner Bros Discovery. The settlement clears the last major legal hurdle for the deal, which must close by September 30 to avoid a $7 million daily penalty.

Sep 21, 20265 sources

Apr 23, 2026

Warner Bros Shareholders Approve $110 Billion Paramount Merger

Warner Bros Discovery shareholders voted to approve the company's proposed $110 billion merger with Paramount Skydance, one of the largest media consolidations in history. The deal now faces regulatory scrutiny in Washington and London.

Apr 23, 20265 sources

Top claims

▪Paramount Skydance agreed to distribute at least 30 films theatrically per year for the first two years post-merger, and 32 films per year for the subsequent three years
▪Seth Stern, director of advocacy at the Freedom of the Press Foundation, criticized the independent editorial board that Paramount Skydance agreed to establish for CNN and CBS News as part of its settlement with state attorneys general as a weak half-measure that poses First Amendment concerns regarding government-enforced accountability
▪Paramount Skydance agreed to establish an independent editorial board to support and ensure the continued editorial independence of CBS News and CNN

Subtopics

Antitrust & competition2 Corporate governance1 Media industry consolidation1 State Attorneys General1

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