Paramount and state AGs will head to negotiating table in WBD merger fight

CNN Business

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Representatives for Paramount and the parties suing to block its takeover of Warner Bros. Discovery (WBD) are set to meet next week for talks that could lead to a settlement. The two...

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Discovery (WBD) are set to meet next week for talks that could lead to a settlement.\n    \n\n            The two...</p>\n\n<a href=\"https://edition.cnn.com/2026/08/22/media/paramount-wbd-settlement-talks-bonta-ellison\">Source Link</a>\n\n</div>\n","source":"cnn_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Paramount and state AGs will head to negotiating table in WBD merger fight</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nParamount and state AGs will head to negotiating table in WBD merger fight\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-23 01:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2026/08/22/media/paramount-wbd-settlement-talks-bonta-ellison><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Representatives for Paramount and the parties suing to block its takeover of Warner Bros. Discovery (WBD) are set to meet next week for talks that could lead to a settlement.\n    \n\n            The two...</p>\n\n<a href=\"https://edition.cnn.com/2026/08/22/media/paramount-wbd-settlement-talks-bonta-ellison\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4108","symbol_name":"电影和娱乐","start_time":0,"source_url":"https://edition.cnn.com/2026/08/22/media/paramount-wbd-settlement-talks-bonta-ellison","article_id":"2661211470","we_media_id":null,"thumbnails":[],"rights":{"source":"cnn_highlight","url":"https://edition.cnn.com/2026/08/22/media/paramount-wbd-settlement-talks-bonta-ellison","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2661211470","pubTimestamp":1787421009,"columns":[],"sourceInfo":{"source_id":"cnn_highlight","name":"CNN Business"},"weMediaInfo":null,"summary":"Representatives for Paramount and the parties suing to block its takeover of Warner Bros. Discovery  are set to meet next week for talks that could lead to a settlement.The two sides apparently remain far apart, however, and the plaintiffs may prefer to take their arguments to court at the antitrust trial that’s scheduled to start next March.California Attorney General Rob Bonta said Friday night that any resolution would have to include “robust structural remedies” that would change the shape of the media mega-merger.Analysts have warned that the structural remedies Bonta has in mind might be deal-breakers for Paramount, making any settlement talks ultimately unproductive.“As I’ve said before, generally for all of my cases, I prefer to resolve disputes in the boardroom, not the courtroom,” Bonta said in a statement to CNN. “As I’ve also said, if the opposing party in litigation wants to meet in good faith to make a sincere effort to resolve the case, we’ll meet. And as I have further ","collect":0,"end_time":0,"defaultTopTitle":"cnn.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4108":"电影和娱乐","BK4223":"办公室房地产信托","BK4588":"碎股","WBD":"WARNER BROS DISCOVERY INC","BK4125":"广播","BK4194":"办公房地产投资信托","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","BK4585":"ETF&股票定投概念","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","PGRE":"Paramount Group","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","BK4598":"佩洛西持仓","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU0149725797.USD":"汇丰美国股市经济规模基金"},"translate_title":"派拉蒙和州总检察长将在 WBD 合并斗争中坐到谈判桌前","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WBD":1.5,"PGRE":1.5},"content_text":"Representatives for Paramount and the parties suing to block its takeover of Warner Bros. Discovery (WBD) are set to meet next week for talks that could lead to a settlement.\n    \n\n            The two sides apparently remain far apart, however, and the plaintiffs may prefer to take their arguments to court at the antitrust trial that’s scheduled to start next March.\n    \n\n            California Attorney General Rob Bonta said Friday night that any resolution would have to include “robust structural remedies” that would change the shape of the media mega-merger.\n    \n\n            Analysts have warned that the structural remedies Bonta has in mind might be deal-breakers for Paramount, making any settlement talks ultimately unproductive.\n    \n\n            Still, the talks have to start somewhere.\n    \n\n\n\n      Related article\n    \n\n\n\n\n\n\n\n\n\n\nThe Paramount logo is displayed on a water tower at the Paramount Studios lot on July 13, 2026 in Los Angeles, California.\n\nJustin Sullivan/Getty Images\n\n\n\n\n\n\n\nParamount wants a $1.9 billion bond from state AGs fighting the Warner Bros. merger\n\n3  min read\n\n\n\n            Paramount is trying to merge its movie studio and television operations with WBD, the parent of CNN, HBO, Discovery, the Warner Bros. studio and many other assets. A coalition of 12 Democratic state attorneys general filed suit last month to block the merger, arguing the merger would violate antitrust law and harm Hollywood. The Writers Guild of America filed a parallel suit.\n    \n\n            The long road to trial will be expensive for Paramount since a “ticking fee” will begin to raise the price of WBD starting October 1.\n    \n\n            Partly for that reason, Paramount has been pushing to get to the proverbial negotiating table. The company has insisted that the WBD deal is pro-competitive, and has asserted that the deal’s opponents are driven by political concerns, including the prospect of CNN changing hands. Bonta has disputed those charges.\n    \n\n            Numerous California politicians, including outgoing Gov. Gavin Newsom, have called for a pre-trial resolution to the conflict. Some have cited Paramount’s talk about potentially moving operations out of California.\n    \n\n            Bonta has dismissed that talk as a “blackmail” attempt, but he has said he is ready for “good faith” talks with Paramount.\n    \n\n            After Variety reported on Friday that Bonta’s office would be meeting with Paramount representatives on Monday “to discuss a potential settlement,” Bonta issued a statement designed to maintain his leverage in any negotiations.\n    \n\n            “As I’ve said before, generally for all of my cases, I prefer to resolve disputes in the boardroom, not the courtroom,” Bonta said in a statement to CNN. “As I’ve also said, if the opposing party in litigation wants to meet in good faith to make a sincere effort to resolve the case, we’ll meet. And as I have further said, any potential discussions about the Paramount-Warner Brothers merger will be unproductive absent robust structural remedies on the table that address our concerns.”\n    \n\n            Structural remedies refer to divestitures, spin-offs and other changes to the makeup of the combined company.\n    \n\n            Newsom suggested Friday that secret negotiations may already be underway, saying, “I know there are many meetings that are going on, and there’s a lot of conversation.”\n    \n\n            The governor did not elaborate, and a spokesperson for Bonta’s office declined to comment. A Paramount spokesperson also declined to comment on the report about settlement talks.\n    \n\n            Earlier this week, Paramount asked the judge overseeing the case, Araceli Martinez-Olguín, to set a $1.9 billion bond. The judge said she’ll hold a hearing to consider the request on September 24.\n    \n\n\n\n      Related article\n    \n\n\n\n\n\n\n\n\n\n\nDavid Ellison speaks during the Paramount Pictures 2026 CinemaCon Footage Presentation at Caesar's Palace in Las Vegas on Thursday, April 16, 2026.\n\nAlex J. Berliner/ABImages/AP\n\n\n\n\n\n\n\nDemocrats intensify scrutiny of David Ellison amid Paramount–WBD legal battle\n\n5  min read\n\n\n\n            As part of the pre-trial process, Martinez-Olguín also indicated that Paramount and the plaintiffs would engage in mediation.\n    \n\n            For that reason, people shouldn’t read too much into any scheduled meeting on Monday, former TV executive and noted industry commentator Evan Shapiro wrote in a blog post.\n    \n\n            “The judge in this case has mandated that the parties meet to make good faith attempts to settle,” Shapiro wrote. “This meeting is not elective by either side. It’s court mandated.” He argued that Bonta’s team continues to “hold all the cards” despite Paramount’s push for a settlement.\n    \n\n            In his late-night statement on Friday, Bonta said, “As it stands today, the proposed Warner Bros./Paramount merger will mean higher costs, less competition, lower wages, job cuts, and fewer movies and TV shows. This merger violates long-standing federal antitrust law, and we are committed to enforcing the law.”","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"merge","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}