Paramount, California AG, and WGA Schedule Settlement Talks for $111 Billion Warner Deal

Paramount, the California Attorney General, and the Writers Guild of America have agreed to formal settlement talks in October to resolve lawsuits blocking Paramount's proposed $111 billion acquisition of Warner Bros. Discovery. The two-day conference, overseen by U.S. Magistrate Judge Thomas Hixson, marks the first official meeting to explore a resolution to the industry-reshaping deal.