# California-led coalition of 12 Attorneys General

Type: Company

Source: Legal & RegTech Intelligence Brief — https://getlegalbrief.com/entity/california-led-coalition-of-12-attorneys-general
Canonical HTML page: https://getlegalbrief.com/entity/california-led-coalition-of-12-attorneys-general

## Timeline

- **2026-09-22**: Settlement details reported — RTTNews reports the settlement terms, including the $1.5 billion additional domestic film production commitment and $47.5 million worker fund. Overnight Nasdaq activity shows WBD up 0.10% and Paramount up 1.82%.
- **2026-09-21**: Settlement reached and market reacts — The coalition reaches a settlement resolving the antitrust suit. Warner Bros. Discovery closes up 10.8% at $30.80, while Paramount falls 2.94% to $9.91.
- **2026-07**: Coalition files antitrust lawsuit — A California-led coalition of 12 attorneys general files suit in the U.S. District Court for the Northern District of California, alleging the deal is illegal and likely to lessen competition.
- **2026-02**: Paramount announces merger agreement — Paramount announces a definitive all-cash merger to acquire Warner Bros. Discovery, valuing the deal at $81 billion in equity and $110 billion in enterprise value.

## Recent coverage (1 stories)

### 12 AGs Settle Paramount-WBD Antitrust Suit With $1.5B Film Pledge
2026-09-22 08:51:49 · Sentiment: Positive · Impact: 8/10 · Sources: 2

The California-led coalition of 12 attorneys general settled its antitrust challenge to Paramount's $81 billion all-cash acquisition of Warner Bros. Discovery, securing a $1.5 billion domestic film production commitment, a $47.5 million worker fund, and cable-pricing restrictions, with court approval still required. The settlement transforms the lawsuit from a blocking action into a court-enforceable remedial framework.
Full story: https://getlegalbrief.com/story/paramount-wbd-ag-antitrust-settlement-1-5b

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