Watch California AG Rob Bonta’s News Conference On Paramount Settlement Agreement Here

California Attorney General Rob Bonta announced a settlement agreement between Paramount and 12 state attorneys general regarding the $111 billion merger with Warner Bros. Discovery. While the antitrust settlement clears the path for the takeover and aims to protect jobs through commitments like increased film production, Bonta explicitly stated the deal is not a blessing of the mega-merger. The resolution follows a difficult negotiation process, including a previously canceled session between Bonta and Paramount officials.