https://www.live-feeds.com/feed/exclusive-california-expected-to-seek-tv-channel-sales-from-paramount-warnerContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/exclusive-california-expected-to-seek-tv-channel-sales-from-paramount-warnerhttps://www.live-feeds.com/feed/exclusive-california-expected-to-seek-tv-channel-sales-from-paramount-warner#u48225Tue, 25 Aug 2026 10:20:11 +0000California has canceled negotiations with Paramount regarding a possible settlement in the antitrust lawsuit blocking a 110 billion dollar merger with Warner Bros. Discovery. The state had reportedly planned to meet Monday with Paramount and state attorneys general to discuss the divestiture of certain cable channels to resolve the legal challenge. While Governor Gavin Newsom was previously open to a settlement, the current breakdown in talks leaves CEO David Ellison without a clear path to finalize the acquisition.Why it mattersThe merger is currently delayed by an antitrust challenge from a