Judge Araceli Martinez-Olguin approved Paramount's settlement with 12 state attorneys general in the antitrust case over its Warner Bros. Discovery acquisition. Variety reported on September 30 that the order resolved the final reported barrier to the USD111 billion transaction.
Regulatory filings cited in the article provisionally set closing for October 6. Approval of the settlement is a legal step before closing, not confirmation that the acquisition has been completed. Plans to integrate film, television and streaming businesses still require implementation.