Judge Sets Two-Day Settlement Talks for Paramount-WBD Antitrust Battle

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Source: Deadline
Judge Sets Two-Day Settlement Talks for Paramount-WBD Antitrust Battle
Photo: Deadline
TL;DR Summary

A California judge ordered a two-day settlement conference in San Francisco for the Paramount-WBD antitrust case (Oct. 14–15), with settlement statements due by Oct. 7 and attendees list due by Oct. 12. A ticking fee of about $7 million per day could begin Oct. 1 if the merger hasn’t closed, and a Sept. 24 hearing will consider Paramount’s bid for a $1.88 billion bond; California AG Rob Bonta has pressed for structural remedies, and the WGA will participate in the talks as the case heads toward a March trial.

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