# Paramount and 12 States Settle Warner Bros. Deal

> Paramount and 12 states settle Warner Bros. antitrust lawsuit.
- Title: Paramount and 12 States Settle Warner Bros. Deal | Shortify
- Summary: Paramount and 12 states settle Warner Bros. antitrust lawsuit. Paramount and 12 state attorneys general agreed to a deal to avoid $7 million-per-day fees if…
- Keywords: paramount, state attorneys general, warners, antitrust, cable tv, theatrical films, wga, ticking fee, divestitures, film production, States, Settle
- Source: The Hollywood Reporter — https://hollywoodreporter.com/business/business-news/paramount-antitrust-suit-settlement-deal-state-ags-warners-1236704473
- Author: Alex Weprin,Winston Cho
- Published: 2026-09-21T15:03:31+00:00
- Read time: 1 min
- Topics: paramount, state attorneys general, warners, antitrust, cable tv, theatrical films, wga, ticking fee, divestitures, film production
## Settlement Announcement
California attorney general Rob Bonta held a press conference in Los Angeles on Monday.
## Deal Terms
Paramount and 12 state attorneys general agreed to settle the antitrust lawsuit over the $111 billion Warner Bros. Discovery acquisition.
## Ticking Fee Avoidance
The settlement allows Paramount to avoid $7 million-per-day fees if it closes the deal within 10 days.
## Industry Reaction
Paramount CEO David Ellison praised the deal terms, saying they would serve consumers, workers, and the creative community.
## Production Commitments
Paramount committed to releasing 30+ films annually and expanding U.S. film production to revitalize the industry.
## Legal Context
The states sued to block the deal, claiming it would give too much control over cable TV and theatrical films.
## Next Steps
Paramount must close the deal within 10 days to avoid $7 million-per-day fees or face legal consequences.
## Key takeaway

Paramount and 12 state attorneys general agreed to a deal to avoid $7 million-per-day fees if the Warner Bros. acquisition closes within 10 days.