{"id":441887,"date":"2026-08-24T10:22:09","date_gmt":"2026-08-24T10:22:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/441887\/"},"modified":"2026-08-24T10:22:09","modified_gmt":"2026-08-24T10:22:09","slug":"california-attorney-general-cancels-paramount-settlement-talks-over-111-billion-warner-bros-discovery-deal-says-hell-meet-when-they-stop-playing-games","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/441887\/","title":{"rendered":"California Attorney General Cancels Paramount Settlement Talks Over $111 Billion Warner Bros. Discovery Deal, Says He\u2019ll Meet When They \u2018Stop Playing Games\u2019"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">California Attorney General Rob Bonta has canceled planned settlement talks with Paramount over the state&#8217;s lawsuit seeking to block David Ellison&#8217;s proposed $111 billion acquisition of Warner Bros. Discovery, accusing Paramount of acting in bad faith, according to <a href=\"https:\/\/www.nytimes.com\/2026\/08\/24\/us\/california-bonta-paramount-warner-settlement-talks.html\" data-ylk=\"slk:The%20New%20York%20Times;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;The New York Times&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">The New York Times<\/a>.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Bonta is leading a coalition of 12 states in challenging the proposed merger and asking the court to block the deal, arguing the merger would give the company too much power across cable television and movie production.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">More from Variety  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The two sides had been due to meet Monday for preliminary discussions for a possible settlement, but Bonta called off the meeting late Sunday, after accusing Paramount of misrepresenting details of an earlier meeting held on Friday.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;Not only did Paramount leak the alleged substance of settlement discussions, but they misrepresented these discussions, demonstrating a lack of good faith,&#8221; Bonta said in a statement sent to <a href=\"https:\/\/www.nytimes.com\/2026\/08\/24\/us\/california-bonta-paramount-warner-settlement-talks.html\" data-ylk=\"slk:The%20New%20York%20Times.;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;The New York Times.&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">The New York Times.<\/a> &#8220;As soon as Paramount stops playing games and engages sincerely, my office is happy to meet again.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Variety has reached out to the California AG office for comment.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The canceled meeting had been perceived as a possible opening toward resolving the case, particularly after Paramount threatened to leave California. Bonta has so far insisted that any settlement would require &#8220;structural remedies,&#8221; likely involving asset sales, which Paramount may resist.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Pressure to resolve the dispute is growing ahead of the antitrust trial scheduled for March. As <a href=\"https:\/\/variety.com\/2026\/tv\/news\/paramount-warner-bros-whats-next-state-antitrust-lawsuit-1236819518\/\" data-ylk=\"slk:Variety;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Variety&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Variety <\/a><a href=\"https:\/\/variety.com\/2026\/tv\/news\/paramount-warner-bros-whats-next-state-antitrust-lawsuit-1236819518\/\" data-ylk=\"slk:previously%20reported%2C;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;previously reported,&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">previously reported, <\/a>Paramount will begin accruing a &#8220;ticking fee&#8221; owed to shareholders amounting to about $7 million per day starting Oct. 1 if the deal has not closed.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Best of Variety  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Sign up for <a href=\"https:\/\/cloud.email.variety.com\/signup\/\" data-ylk=\"slk:Variety&#039;s%20Newsletter;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Variety&#039;s Newsletter&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Variety&#8217;s Newsletter<\/a>. For the latest news, follow us on <a href=\"http:\/\/bit.ly\/31XsHSx\" data-ylk=\"slk:Facebook;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Facebook&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Facebook<\/a>, <a href=\"http:\/\/bit.ly\/2TkcoeG\" data-ylk=\"slk:Twitter;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Twitter&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Twitter<\/a>, and <a href=\"http:\/\/bit.ly\/2TntOHq\" data-ylk=\"slk:Instagram;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Instagram&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Instagram<\/a>.  <\/p>\n","protected":false},"excerpt":{"rendered":"California Attorney General Rob Bonta has canceled planned settlement talks with Paramount over the state&#8217;s lawsuit seeking to&hellip;\n","protected":false},"author":2,"featured_media":441888,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7,1801,9,8,6336,2794,175030],"class_list":["post-441887","post","type-post","status-publish","format-standard","has-post-thumbnail","category-california","tag-california","tag-california-attorney-general","tag-california-headlines","tag-california-news","tag-paramount","tag-rob-bonta","tag-settlement-discussions"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/441887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=441887"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/441887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/441888"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=441887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=441887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=441887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}