Paramount-WBD Talks Enter Critical Phase as Antitrust Critics Rally

Paramount Skydance’s bid to acquire Warner Bros. Discovery is nearing a settlement with a 12-state antitrust coalition, with talks reportedly focusing on structural remedies such as operating some assets separately; anti-merger activists are planning rallies if terms appear to be a concession, and California AG Rob Bonta is seeking enforceable commitments. The WGA’s antitrust suit remains in play, and a deal could come as soon as Sunday night, with talks paused for the Yom Kippur holiday if no agreement is reached.