Paramount, CA AG Move Toward Settlement in Warner Bros. Discovery Merger Fight

Paramount and California Attorney General Rob Bonta are in advanced settlement talks over his antitrust suit to block Paramount's $81 billion bid for Warner Bros. Discovery, with potential compromises like temporarily running WBD’s studios separately; the talks come amid pressure from California officials to protect jobs and a looming daily penalty if the deal isn’t completed, after Bonta previously rejected a delay-cost bond, with a resolution eyed for next month.