California Gov. Gavin Newsom says settlement talks involving Paramount are happening “in real time,” and he signals he would like a deal. In comments responding to recent public developments, Newsom also says he takes Paramount CEO David Ellison’s warning about potentially moving companies out of California “seriously.”
The remarks come amid weeks of speculation about Newsom’s position regarding Paramount’s planned $111 billion acquisition of Warner Bros. Discovery. They also follow an antitrust lawsuit filed by a coalition of state attorneys general challenging the deal. Both outlets frame Newsom’s comments as an acknowledgment of the seriousness of the dispute, while Deadline highlights the broader political and legal context around the ongoing negotiations between Paramount representatives and state attorneys general offices. The reporting does not indicate that a final agreement is reached, but it portrays talks as actively progressing.