Paramount’s settlement with 12 state attorneys normal to settle their antitrust lawsuit over the Warner Bros. merger Discovery is not official but: The decide overseeing the case has “excellent questions” in regards to the settlement, which requires his approval earlier than it takes impact.
In an order issued Tuesday, U.S. District Decide Araceli Martinez-Olguin granted the events’ movement to cancel the listening to on Paramount’s earlier movement requiring the states (and the WGA) to submit a $1.88 billion bond, which was scheduled for September 24. (Paramount’s proposed settlements with the states and the WGA make this moot.)
Nonetheless, Martinez-Olguin stated within the order that the courtroom “has not but dominated on the rest of the movement to enter a consent decree and dissolve the stipulation to not shut” the Paramount-Warner Bros. merger.
“To reply sure excellent questions relating to the factual and authorized underpinnings of the events’ proposed consent decree, in addition to the implementation of the proposed consent decree, the Court docket CONFIRMS a listening to at 11:00 a.m. PST on September 24, 2026,” the decide wrote. The listening to will happen by way of Zoom.
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Paramount declined to remark. California Legal professional Basic Rob Bonta’s workplace, which led the coalition of states suing Paramount and WBD over the merger, didn’t instantly reply to a request for remark.