Deals
Paramount Settles 12-State Antitrust Suit Over Warner Bros. Discovery Deal; WBD Shares Close Up Nearly 11%
A proposed consent decree, still subject to court approval, binds the combined studio to film-output quotas, production spending and a newsroom independence board for five years after closing.
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By Anna Ferreira
Sep 22, 2026 · 4 min read
Paramount Skydance on Monday agreed to settle the antitrust lawsuit brought by 12 state attorneys general over its planned acquisition of Warner Bros. Discovery, accepting five years of production, labor and newsroom commitments in exchange for dropping a court challenge that had stood between the companies and a closing.
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Anna Ferreira
Senior Correspondent, Corporate Strategy
Anna Ferreira writes for Corporate Insider Inc.