California Attorney General Rob Bonta accused Paramount of leaking and misrepresenting previous settlement discussions. He is leading lawsuits in 12 states to try to block the $111 billion deal. The California Attorney General has cancelled a meeting scheduled for Monday with Paramount representatives. The conference was intended to begin discussions on the settlement of the state's lawsuit to prevent Paramount from acquiring Warner Bros. Discovery. The political pressure for both sides to reach a settlement is increasing. Los Angeles Mayor Karen Bass said last week that disputes surrounding mergers and acquisitions have caused production to stall and Hollywood to lose jobs. She called for a “quick and urgent resolution” of the lawsuit.

California Attorney General Rob Bonta accused Paramount of leaking and misrepresenting previous settlement discussions. He is leading lawsuits in 12 states to try to block the $111 billion deal. The California Attorney General has cancelled a meeting scheduled for Monday with Paramount representatives. The conference was intended to begin discussions on the settlement of the state's lawsuit to prevent Paramount from acquiring Warner Bros. Discovery. The political pressure for both sides to reach a settlement is increasing. Los Angeles Mayor Karen Bass said last week that disputes surrounding mergers and acquisitions have caused production to stall and Hollywood to lose jobs. She called for a “quick and urgent resolution” of the lawsuit.