Paramount, California AGs to negotiate over Warner Bros. Discovery merger

Paramount and a coalition of Democratic state attorneys general will begin settlement talks next week to resolve lawsuits blocking Paramount’s takeover of Warner Bros. Discovery, a deal that includes CNN’s parent company. California AG Rob Bonta says any resolution must include robust structural remedies, a potential hurdle for agreement. The talks are part of a mediation order ahead of a March antitrust trial, even as Paramount seeks a $1.9 billion bond and lawmakers debate the merger’s implications for California.