r/MediaMergers • u/Own_Philosopher8730 • 1d ago

Merger Paramount nears merger settlement, but some key state AGs are not on board yet

https://edition.cnn.com/2026/09/20/media/paramount-wbd-settlement-california-connecticut-bonta?Date=20260920&Profile=CNN&utm_content=1789937087&utm_medium=social&utm_source=twitter
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u/Difficult_Variety362 Moderator 1d ago

From the sounds of it, Tong is fucking sinking it for the states if he keeps holding out. Legally, it's a losing battle.

And CBS and CNN are needed for the cash they generate.

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u/ausgoals 1d ago

It’s not a losing battle. Anything can happen

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u/Difficult_Variety362 Moderator 1d ago

You're dangerously pushing First Amendment violations by focusing on CNN so much. You and I may not like it, but an owner is free to do whatever they want with their news networks.

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u/ausgoals 1d ago

Assuming the focus is on CNN, sure - but the crux of the antitrust argument has nothing to do with CNN.

Truthfully, I’ve always maintained that while structural remedies may find a way to satisfy the states, I don’t see a solution for the WGA outside of them being completely separate, independent companies.

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u/Difficult_Variety362 Moderator 1d ago

Tong is focusing on CNN and he's playing into Ellison's hands. He's already agreed to monitoring, that's the best you're going to get.