Paramount Settles Antitrust Case With State A.G.’s, Removing Obstacle to Warner Bros. Deal

By Gene Maddaus

Gene Maddaus

Senior Media Writer

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Paramount has reached a deal with 12 state attorneys general that removes a major obstacle to closing its acquisition of Warner Bros. Discovery, according to reports in Bloomberg and the Wall Street Journal.

The deal comes just before the company was to begin accruing a $7 million daily “ticking fee” on Oct. 1, which was seen as an important milestone in the case.

The merger was on hold pending the outcome of the states’ antitrust lawsuit, which was set for a trial on March 2, 2027. The $111 billion merger is the largest in Hollywood history.

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