WGA Settles Antitrust Lawsuit With Paramount Over Warner Bros. Discovery Merger

The Writers Guild of America East and Writers Guild of America West have settled their lawsuit to block the proposed merger of Paramount Skydance and Warner Bros. Discovery per a statement released by the organization Monday. The settlement comes following the news that Paramount has reached a deal with 12 state attorneys general, removing a […] The WGA has settled their lawsuit to block the proposed merger of Paramount Skydance and Warner Bros. Discovery. The Writers Guild of America East and Writers Guild of America West have settled their lawsuit to block the proposed merger of Paramount Skydance and Warner Bros. Discovery per a statement released by the organization Monday.

The settlement comes following the news that Paramount has reached a deal with 12 state attorneys general, removing a major obstacle to closing its acquisition of Warner Bros. Discovery. “We continue to believe the merger will cause damage to writers and the industry at large. Now that the Attorneys General have settled with Paramount, however, as a nonprofit, the WGA must contend with the reality of forging ahead alone, with no backing from government enforcers, with a complex antitrust lawsuit that would cost millions of dollars to pursue through trial. Consequently, we have also settled our