Paramount Skydance has reached a settlement with a coalition of state attorneys general who sued to block its proposed $110 billion acquisition of Warner Bros. Discovery, according to a Bloomberg report cited by multiple outlets on September 21, 2026. The lawsuit, filed by California’s Attorney General and joined by other states, had stood as one of the last major legal obstacles to finalizing the deal.
Bloomberg reported, citing a person familiar with the matter, that Paramount and the state officials worked out terms to resolve the antitrust litigation. The specific terms of the settlement were not detailed in the reports. Outlets including POST Wrestling, eWrestlingNews, ProWrestling.net, WrestleView, Wrestling News and Ringside News all reported on the settlement following the Bloomberg story.
The merger carries direct significance for wrestling fans because Warner Bros. Discovery is the media rights partner for AEW, whose programming airs across the company’s networks. A resolution of the antitrust fight removes a significant legal barrier standing between Paramount Skydance and completion of the acquisition, though it was not reported to be the only remaining step before the deal could be finalized.
Ringside News described the run-up to the settlement as contentious, characterizing it as following “weeks of ugly legal threats, busted settlement talks and accusations that Paramount was playing games” between the company and the states challenging the takeover. Wrestling News noted the settlement removes what it called one of the biggest remaining obstacles to a deal that would place AEW’s television home under new ownership.
No additional details on next steps in the acquisition process, including any remaining regulatory approvals, were included in the available reporting.
