Hollywood mega-merger on the brink as California demands Paramount sell off channels

Paramount and California state officials are set ⁠to meet on Monday to discuss potential ways ​to settle the state's antitrust lawsuit

Rob Bonta, California’s attorney general, accused Paramount of leaking and misrepresenting earlier settlement discussions. He is leading a group of 12 states that have sued to block the $111 billion deal.

EXCLUSIVE: A meeting Monday between Paramount brass and state Attorneys General over sussing out settlement talks between the parties in David Ellison’s contested $111 billion acquisition of Warner Bros Discovery has turned into a “game of PR chicken,” an industry insider says. “Ellison and Makan Delrahim think they ca

California expected to seek TV channel sales from Paramount-Warner, WSJ reports  Reuters

Exclusive | California Expected to Seek TV Channel Sales From Paramount-Warner  WSJ

The proposed $111 billion merger between Paramount and Warner Bros. Discovery hit a roadblock after California's attorney general and 11 other states sued to stop it. That move was followed by Paramount Skydance CEO David Ellison threatening to take his operations out of California if the deal is not approved. William