Paramount agrees CNN guardrails, film pledge to seal Warner Bros. deal

Paramount settled the antitrust suit by a dozen state attorneys general led by California's Rob Bonta, removing the last block to its $111 billion Warner Bros. Discovery acquisition, Deadline reported 21 September 2026.

Reported terms include CNN guardrails, penalties tied to producing 30 films a year, and separate operation for a period. No cable sale is required.