Paramount settles lawsuit regarding $110 billion Warner Bros. merger

<figure> <img alt="Paramount logo on a blue background." src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/02/STKB385_PARAMOUNT_B.jpg?quality=90&amp;strip=all&amp;crop=0,0,100,100" /> <figcaption> </figcaption> </figure> <p class="wp-block-paragraph">Paramount has reached a settlement with California and 11 other states that sued to block its planned $110 billion acquisition of Warner Bros. Discovery. The settlement removes a significant obstacle to the merger.</p> <p class="wp-block-paragraph">According to the proposed consent decree filed with the court, the settlement includes requirements such as minimum numbers of theatrical film releases over the next five years, starting with 30 in the first two years and 32 in the following years. Additionally, it includes a commitment to spend at least $300 million more on production in the US compared to the spending levels of 2025. At least four of the films produced must be i …</p>