David Ellison says the Paramount-WBD merger has full clearance after settling with state AGs, clearing the path for an October 1 close.

The emerging settlement between Paramount and Warner Bros. Discovery could reshape production pipelines, channel portfolios, and newsroom governance.

Senator Elizabeth Warren and a coalition of state attorneys general are publicly attacking the Paramount-WBD merger settlement as a giveaway to David Ellison, escalating the antitrust fight.