Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can't clear it — Live Feedhttps://www.live-feeds.com/feed/paramount-ceo-david-ellison-is-at-the-final-hurdle-before-buying-wbd-so-far-he-can-t-clear-itContinuously updated, source-cited coverage. California Cancels Merger Talks With Paramounthttps://www.live-feeds.com/feed/paramount-ceo-david-ellison-is-at-the-final-hurdle-before-buying-wbd-so-far-he-can-t-clear-ithttps://www.live-feeds.com/feed/paramount-ceo-david-ellison-is-at-the-final-hurdle-before-buying-wbd-so-far-he-can-t-clear-it#u48608Wed, 26 Aug 2026 02:15:22 +0000California has canceled negotiations with Paramount regarding the 110 billion dollar merger with Warner Bros. Discovery. The state had been weighing a possible settlement in a lawsuit related to the deal and was expected to demand the sale of certain TV channels. Paramount CEO David Ellison remains unable to clear this final regulatory hurdle, extending the legal battle and prompting other buyers to circle Warner assets. Paramount has denied leaking details of the discussions with the California Attorney General.Why it mattersThe merger aims to combine two media giants to better compete in a s