Paramount-WBD Antitrust Settlement Talks Move Forward as Newsom Comments
California’s outgoing Governor Gavin Newsom publicly backs settlement discussions over a multi-state antitrust suit challenging Paramount’s $111 billion Warner Bros Discovery acquisition. The California Attorney General says it prefers resolving cases in the boardroom, and Paramount and the AGs are expected to meet face to face on Monday. Paramount has criticized the suit’s costs.