Critics say California got too little in deal to let Paramount buy Warner Bros
Critics are decrying a California-driven settlement with Paramount Skydance that cleared the way for its $110 billion acquisition of Warner Bros Discovery, saying it will hurt competition in Hollywood and lacks substantial concessions.
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09:28:19 PM UTC
SquawkNews
Paramount Skydance extended cash tender offers, exchange offers for certain Discovery Global Holdings, Discovery Communications senior notes. New expiration set for Oct. 2, 2026 at 5:00 p.m. New York time. * Settlement expected promptly after expiration, currently anticipated in Q3 2026; timing to align with proposed Warner Bros. Discovery acquisition close. As of Sept. 18, 2026, 66.87% of tender-offer notes, 75.12% of exchange-offer notes had been validly tendered. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paramount Skydance Corporation published the original content used to generate this news brief via (Ref. ID: NY52254) on September 21, 2026, and is solely responsible for the information contained therein. (C)