Paramount-Warner Bros. Merger Gets Mexico’s Approval, Leaving States’ Lawsuit as the Only Barrier Left

By Gene Maddaus

Gene Maddaus

Senior Media Writer

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Paramount announced Friday that it has won approval from Mexico’s competition authority for its merger with Warner Bros., leaving only 12 state attorneys general standing in the way of closing the deal.

In a statement, Paramount said it has now won approval from regulators representing 68 countries, including the European Union, China, Canada, Brazil and the U.K. CEO David Ellison urged the 12 states to negotiate a settlement that would allow the deal to go through, instead of proceeding to a federal trial next March.

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