Rob Bonta defended the antitrust settlement that allows Paramount to merge with Warner Bros. on Monday, saying in a 45-minute press conference that the deal includes independent monitoring and will result in more jobs in Hollywood. But the deal does not include the three words — robust structural remedies — that California’s attorney general had
David Ellison’s Paramount Skydance has cleared the last major hurdle to closing its $110 billion merger with Warner Bros. Discovery. Paramount has settled the lawsuit brought by 12 states, California’s Attorney General Rob Bonta announced on Monday. A key part of the settlement: Bonta said Paramount agreed to release 30 movies in theaters each of
Mark Ruffalo is encouraging California attorney general Rob Bonta and his coalition of 11 other state AGs not to settle their lawsuit against Paramount Skydance and keep David Ellison from acquiring Warner Bros. Discovery. “Don’t you dare, [Rob Bonta], do not cave,” Ruffalo wrote on X. “5,670 filmmakers put their necks on the line for
Democratic Sen. Elizabeth Warren of Massachusetts on Saturday morning issued a warning that President Donald Trump’s recent banning of CNN from the White House is a sign of things to come if Paramount Skydance settles with the states and is allowed to merge with Warner Bros. “As Trump tries to ban CNN from the White
David Ellison’s Paramount Skydance is in “advanced talks” with California Attorney General Rob Bonta to settle the 12-state antitrust suit that’s holding up its takeover of Warner Bros. Discovery, the Wall Street Journal reported Friday, citing anonymous sources. A Paramount spokesperson declined to comment. A rep for Bonta’s office said, “Potential settlement talks are confidential.
The Directors Guild of America and IATSE are urging California Attorney General Rob Bonta to settle his antitrust lawsuit with Paramount, arguing that prolonged uncertainty over the Warner Bros. Discovery merger is bad for the industry. The two unions wrote a letter to Bonta and Paramount Skydance CEO David Ellison on Wednesday, urging the two
