WGA Settles Paramount Merger Lawsuit for 5-Year CBS Layoff Pause, $17.5M Health Fund Contribution

The WGA has settled its lawsuit regarding the Paramount-Warner Bros. Discovery merger, following a similar move by state attorneys general. The agreement ensures a five-year pause on writer layoffs at CBS News and a $17.5M contribution to the WGA health fund. While the guild maintains its opposition to the merger, it acknowledged lacking the resources to continue legal action without AG support. This settlement, alongside agreements with Democratic AGs, removes a significant hurdle for Paramount.