Paramount settles states’ lawsuit, clearing way for Warner Bros takeover
Paramount and the states have reached an agreement that averts a lengthy antitrust trial and clears the way for the Warner Bros. takeover, reducing the risk the deal would be pushed into mid-2027.
The agreement avoids a lengthy antitrust trial that had threatened to push the deal into mid-2027 and trigger millions in delay-related fees to Warner Bros shareholders. Paramount’s route to the merger followed a bruising fight for control of the studio, with Netflix initially circling as a pot…