Paramount, California AG Rob Bonta in Advanced Talks to Settle Warner Bros. Merger Lawsuit
The two sides have reportedly discussed operating the two companies’ movie studios separately for a period of time as a potential compromise The post Paramount, California AG Rob Bonta in Advanced Talks to Settle Warner Bros. Merger Lawsuit appeared first on TheWrap .
Paramount and California Attorney General Rob Bonta are reportedly engaged in advanced talks to potentially settle Bonta's lawsuit that seeks to prevent the $110 billion Warner Bros. Discovery merger. Bonta, who is representing 11 other state AGs, has previously stated his willingness to settle out of court, but has also urged the company to offer more substantial remedies, such as divestments, rather than behavioral ones, like its promise to release 30 films annually in theaters.
The talks propose operating the studios of the two companies separately for a period before their merger, but no agreement has been confirmed.
Written by urgent.news from TheWrap's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
