California Attorney General Cancels Paramount Settlement Talks Over $111 Billion Warner Bros. Discovery Deal, Says He’ll Meet When They ‘Stop Playing Games’

By Elsa Keslassy

Elsa Keslassy

International Correspondent

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California Attorney General Rob Bonta has canceled planned settlement talks with Paramount over the state’s lawsuit seeking to block David Ellison‘s proposed $111 billion acquisition of Warner Bros. Discovery, accusing Paramount of acting in bad faith, according to The New York Times.

Bonta is leading a coalition of 12 states in challenging the proposed merger and asking the court to block the deal, arguing the merger would give the company too much power across cable television and movie production.

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