Image: Demonstrators protest the proposed merger of Paramount and Warner Bros. Discovery at Paramount Pictures Studio on September 3, 2026 in Los Angeles, California. (Photo by Tommaso Boddi/Variety via Getty Images)

Jake Johnson of Common Dreams reports: “Paramount and a coalition of state attorneys general led by California’s Rob Bonta are reportedly in advanced talks to settle a high-stakes lawsuit and allow the media conglomerate’s proposed merger with Warner Bros. Discovery to proceed.

The Wall Street Journal reported late Sunday that Bonta and Paramount executives have “discussed a series of potential concessions” as part of the ongoing settlement negotiations, “including a $1.5 billion investment by the company in production in California.” The talks have also explored a potential promise by Paramount to stay in California and a requirement that the company sell off some cable channels and establish “a board to ensure that CNN retains editorial independence,” according to the Journal. (Warner Bros. is CNN’s parent company.)…”

Click here for full article.