Paramount WBD Merger Faces Roughly 7 Million Dollar Daily Fee as Settlement Talks Continue
Paramount Skydance and Warner Bros. Discovery are in reported settlement discussions with 12 plaintiff states and the Writers Guild of America over their $110 billion merger, with proposed remedies including independent CNN content monitoring, a theatrical release commitment, and keeping Paramount in California — none of which have been publicly confirmed by the parties. A court-supervised settlement conference is scheduled for October 14 and 15, 2026, with no agreement reached as of September 20. If the deal remains unclosed past September 30, a contractual ticking fee of approximately $7 million per day begins accruing to WBD shareholders.