Paramount & AGs Settlement Meeting Monday More Show Than Substance As Cable Channel Sell-Offs & Curbing Ellison’s Power Put On The Table

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

Paramount Skydance representatives are expected to meet on Monday with the California Attorney General’s office to discuss a potential settlement of the states’ antitrust case, according to two sources familiar with the situation. Paramount has been pushing hard for a deal to allow its $111 billion merger with Warner B

Bonta told CNBC’s David Faber that he would need “really robust structural remedies” from Paramount to address the anticompetitive risks mentioned in the lawsuit.

In an interview with The Hollywood Reporter, Bonta took aim at the Paramount mogul: “He cannot flee accountability."