California settles lawsuit against Paramount/Warner merger, angering advocates

Almost a done deal California settles lawsuit against Paramount/Warner merger, angering advocates State AGs had “very strong” case that merger is illegal, Lina Khan says.

7 Credit: Getty Images | SOPA Images Credit: Getty Images | SOPA Images Text settings Story text Size Small Standard Large Width * Standard Wide Links Standard Orange * Subscribers only Learn more Minimize to nav California and Paramount Skydance have reportedly reached a settlement allowing the company to complete its $111 billion merger with Warner Bros. Discovery. The settlement, which will reportedly be announced later today, drew condemnation from Democrats and media advocates.