
California AG cancels Paramount meeting

California Attorney General Rob Bonta cancelled a Monday meeting with Paramount Skydance, citing a “lack of good faith” in early settlement discussions over the company's proposed merger with Warner Bros. Discovery. “My office had a meeting with Paramount on Friday. Paramount did not maintain the confidentiality of that meeting. Not only did Paramount leak the alleged substance of settlement discussions, but they misrepresented these discussions, demonstrating a lack of good faith,” Bonta reportedly said in a statement. “As soon as Paramount stops playing games and engages sincerely, my office is happy to meet again,” he said. Bonta had been scheduled to meet Paramount representatives on Monday but cancelled the meeting. The California attorney general is leading a group of states seeking to block Paramount Skydance's proposed merger with WBD on antitrust grounds. Paramount said it had “assured” the attorney general's office that it was not responsible for the leaks. “We remain hopeful and stand ready to continue good faith discussions to resolve the Attorneys General suit and move forward with our plans for increased competition and increased output to the benefit of the talent and entertainment workers,” the compa







