Block The Merger & Elizabeth Warren Call Out AGs For Betrayal In Deal Talks With Paramount: "A Win Only For David Ellison"
News Source
β’Sat, 19 Sep 2026 19:22:26 +0000
π° What Happened
Paramount and a group of US state attorneys general are in talks to settle a lawsuit over a huge merger. The deal would see Paramount take over Warner Bros Discovery for $111 billion.
Senator Elizabeth Warren said the talks are a mistake. She said there is no need for another media giant controlled by Trump allies. The group Block the Merger said any deal would be a win only for David Ellison.
π The Backstory
A trial over the merger is set for March 2027. If the two sides settle, that trial may not happen. Court-ordered talks are set for mid-October.
Paramount is said to be pushing hard for a deal. From 1 October, it may owe Warner Bros shareholders about $7 million a day. The Writers Guild of America also sued over the merger in July.
π― Why It Matters
Fewer media owners can mean less choice in news and entertainment. The outcome could change what millions of people watch and read.
Paramount and a group of US state attorneys general are in talks to settle a lawsuit over a huge merger. The deal would see Paramount take over Warner Bros Discovery for $111 billion.
Senator Elizabeth Warren said the talks are a mistake. She said there is no need for another media giant controlled by Trump allies. The group Block the Merger said any deal would be a win only for David Ellison.
A trial over the merger is set for March 2027. If the two sides settle, that trial may not happen. Court-ordered talks are set for mid-October.
Paramount is said to be pushing hard for a deal. From 1 October, it may owe Warner Bros shareholders about $7 million a day. The Writers Guild of America also sued over the merger in July.
Fewer media owners can mean less choice in news and entertainment. The outcome could change what millions of people watch and read.