hollywoodreporter.com

L.A. Mayor Karen Bass Urges Settlement Talks for Paramount-WBD Merger

Warner Bros. Discovery logoWarner Bros. Discovery
Sig3.55Sen-1.30Env0.00Soc-3.35Gov-1.70
Paramount Skydance logoParamount Skydance
Sig4.33Sen+1.26Env0.00Soc-4.71Gov-2.56

Los Angeles Mayor Karen Bass softened her stance on the proposed Paramount-Warner Bros. Discovery merger, urging Paramount, Attorney General Rob Bonta and other parties to meet urgently in good faith to reach a settlement and protect jobs and productions in Los Angeles and California. Estimates cited potential $1.26B in lost wages and $2.78B in lost economic value, as the WGA West rebuked the remarks and sued to block the deal.

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