California AG Calls Off Monday Settlement Meeting With Paramount: Report

California Attorney General Rob Bonta (D) canceled a planned Monday meeting with executives from Paramount Skydance regarding a potential settlement in a lawsuit filed by California and 11 other states aimed at blocking Paramount's acquisition of Warner Bros. Discovery, according to The New York Times. In a statement to the Times, Bonta said he called off the meeting after Paramount executives leaked details of a previous settlement discussion, accusing them of "misrepresenting" it. The California Attorney General's Office did not respond to requests for comment. A Paramount spokesperson denied that the company was the source of the leak and said the company remained open to further talks. "We share AG Bonta's concerns about the public discussions and misreporting that has surrounded this deal," the spokesperson said. "As we have assured the Attorney General's office, Paramount has not been the source of the leaks of any of our confidential discussions with the AG's office. We remain hopeful and stand ready to continue good faith discussions to resolve the Attorneys General suit and move forward with our plans for increased competition and increased output to the benefit of the talent and entertainment workers."

(Source：Communicationsdaily)