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California Accuses Paramount Of 'A Lack Of Good Faith;' Calls Off Settlement Talks

Unusual Whales
Aug 24, 2026 at 06:52 PM
The California Attorney General canceled a scheduled meeting on Monday, claiming that Paramount had disclosed details of prior conversations. This action resulted in a 2% decline in Paramount Skydance stock, while Warner Bros. Discovery saw a 1% increase. The state of California accused Paramount of acting in "a lack of good faith" and as a result, they halted settlement negotiations.

Source: Unusual Whales The copyright of this article belongs to the original author/organization.

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