Paramount and state AGs will settle lawsuit, allowing Warner Bros. merger to proceed, reports say

What happened

Summary: Reports say Paramount settled with US states in a lawsuit over its $110bn Warner Bros merger, clearing the way for the deal; one report said the suit threatened delay to mid-2027 and hundreds of millions in fees.
Key point: Reports say Paramount and state AGs will settle the lawsuit, allowing the Warner Bros merger to proceed.
Key point: BBC and ABC report Paramount settled with US states in the lawsuit challenging its $110bn Warner Bros merger, clearing the way for it.
Key point: One report said the antitrust lawsuit threatened to delay Paramount's acquisition until mid-2027 and cost hundreds of millions in fees.
Qualification: Opponents say the merger will slash Hollywood jobs, cut films produced, and threaten CNN's independence, per one report.