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Paramount-Warner Bros. Merger Set to Close Next Week After Judge OKs Settlement With State AGs

A federal judge approved a settlement between Paramount and state attorneys general on Wednesday, September 30, 2026, removing the final legal hurdle for the merger with Warner Bros. Discovery. The court lifted a previous order that had blocked the acquisition, allowing the companies to proceed with the deal. Paramount now targets October 6, 2026, as the closing date for the transaction.

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⚡ Key Developments & Real-Time Context
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  • ✓ A federal judge approved a settlement between Paramount and state attorneys general on September 30, 2026.
  • ✓ Paramount expects to close the merger with Warner Bros. Discovery on October 6, 2026.
  • ✓ The settlement follows an antitrust lawsuit filed by state attorneys general to block the merger.
🛡️ Source Corroboration: 10 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

A federal judge approved a September 21 settlement with state attorneys general, lifting the court order that blocked the merger.

Live updates

  1. Judge Approves Settlement Clearing Paramount-Warner Bros. Merger

    A federal judge approved a settlement between Paramount and state attorneys general on Wednesday, September 30, 2026, removing the final legal hurdle for the merger with Warner Bros. Discovery. The court lifted a previous order that had blocked the acquisition, allowing the companies to proceed with the deal. Paramount now targets October 6, 2026, as the closing date for the transaction.

    Why it matters

    State attorneys general had filed an antitrust lawsuit to block the consolidation of these media giants. The approved settlement resolves these legal challenges. This merger combines two of the largest entertainment entities in the United States.

    What is confirmed

    • A federal judge approved a settlement between Paramount and state attorneys general on September 30, 2026.
    • Paramount expects to close the merger with Warner Bros. Discovery on October 6, 2026.
    • The settlement follows an antitrust lawsuit filed by state attorneys general to block the merger.

    Still unconfirmed

    • The acquisition of Warner Bros. Discovery by Paramount Skydance is valued at $110 billion.
    • The settlement involved 12 states.

    What to watch next

    • Confirmation of the merger closing on October 6
    • Official announcement of the combined company's leadership structure
    Sources used for this update (10)
    1. Variety — Paramount-Warner Bros. Merger Set to Close Next Week After Judge OKs Settlement With State AGs
    2. CNN — Paramount-Warner Bros. merger moves forward after judge approves settlement | CNN Business
    3. Deadline — Paramount-WBD Merger Is A Go As Judge Approves Legal Settlement, Last Hurdle To Close
    4. Reuters — US judge allows Paramount to close Warner Bros acquisition
    5. WSJ — Paramount Settlement of Antitrust Case Approved by Judge
    6. deadline.com — Paramount-WBD Merger Is A Go As Judge Approves Legal Settlement
    7. variety.com — Paramount-WBD Merger Set to Close After Judge Approves ...
    8. ABC7 Eyewitness News — Judge approves Paramount's settlement with states over Warner buyout, allowing merger to soon close
    9. www.cnn.com — Paramount-Warner Bros. merger moves forward after judge ... - CNN
    10. www.lawcommentary.com — Judge Clears Paramount’s $110 Billion Warner Bros. Merger for ...
    confidence 100%
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