Paramount Pictures has made movies on the same Hollywood lot since the 1920s. In September 2026, its owner threatened to move the company out of the state.[1][2] The threat came in the middle of a fight over Paramount's proposed acquisition of Warner Bros. Discovery, valued at roughly $110 billion including debt, and it ended in a settlement that commits the company to more American filmmaking than it does today.[22][8] As of September 25, 2026, a federal judge has not yet approved that settlement, and the merger has not closed.[25] Paramount Pictures is the film studio of Paramount Skydance Corporation, the public company led by David Ellison. The parent also owns CBS, 28 local TV stations, the Paramount+ streaming service and the free Pluto TV service.[23][8] If the Warner deal closes, it will add the Warner Bros. studio, HBO Max and CNN.[41] The record below is the parent company's.
Quick Take: Paramount's politics in 2025 and 2026 ran through Washington regulators and Democratic state attorneys general. In July 2025, Paramount paid $16 million to settle President Trump's lawsuit over a 60 Minutes interview; weeks later the Federal Communications Commission approved the Skydance merger after Skydance confirmed Paramount had ended its diversity, equity and inclusion programs and promised a CBS News ombudsman.[4][3][5] In October 2025 it installed Bari Weiss as editor-in-chief of CBS News.[6] In 2026 it beat Netflix for Warner Bros. Discovery, won federal approval for Saudi, Qatari and Abu Dhabi funds to take large non-voting stakes, and settled a 12-state antitrust suit led by California's Rob Bonta after threatening to leave the state.[7][23][8] Before Ellison, the company described its political activity as a way to advance its business interests and kept a PAC that gave to both parties.[21][16]
- Threatened to leave California during a 12-state antitrust fight over its Warner Bros. deal
- Paid $16 million to settle Trump's 60 Minutes suit, mostly for his future presidential library
- Ended its DEI policies in 2025, citing President Trump's executive order
- Paid Oracle, chaired by controlling owner Larry Ellison, $44 million in one quarter of 2026
- Corporate PAC gave $255,500 in 2023-2024: 52.6% to Republicans, 47.4% to Democrats
Who Controls Paramount
The Ellison family controls Paramount. According to the company's own SEC filings, Oracle co-founder Larry Ellison and his son David held about 77.5 percent of Paramount's voting Class A stock as of June 30, 2026, and 47.2 percent of all its shares.[10] They hold that control through Harbor Lights Entertainment, the company formerly called National Amusements, which the Redstone family used to control Paramount, CBS and Viacom for decades.[10][21] David Ellison is Paramount's chairman and chief executive.[10]
The family's ties to Paramount go beyond ownership. Paramount paid Oracle, where Larry Ellison is chairman, $44 million in the second quarter of 2026, and in February 2026 it signed a six-year, $300 million cloud computing contract with Oracle.[10] Larry Ellison has also personally guaranteed up to $46.7 billion in equity financing for the Warner Bros. purchase, a backstop that shrinks as other investors, including the Gulf funds, take part.[27][46]
After the Warner Bros. deal, foreign investors are expected to own about 49.5 percent of Paramount's equity, including 38.5 percent held by sovereign wealth funds from Saudi Arabia, Qatar and Abu Dhabi.[24] Those stakes carry no votes. On September 17, 2026, the FCC's Media Bureau approved the arrangement, which required sign-off because Paramount owns CBS television stations and federal rules cap foreign ownership of broadcasters at 25 percent without approval.[23] The FCC said it accepted Paramount's argument that the foreign funds would have no influence over the company. Anna Gomez, the commission's only Democratic member, criticized the decision.[23]
The Fight for Warner Bros.
Paramount Skydance won Warner Bros. Discovery away from Netflix in February 2026. Warner's board had agreed in December 2025 to sell its studio and streaming business to Netflix.[9] Paramount answered with an all-cash offer for the whole company, including CNN, raised it to $31 a share, and Warner's board declared it the better deal.[7][41]
Warner ended the Netflix agreement on February 27, 2026. Paramount paid Netflix the $2.8 billion breakup fee on Warner's behalf. Warner shareholders approved the Paramount deal on April 23, 2026.[7]
On June 12, 2026, the Justice Department's Antitrust Division closed its investigation. It concluded the merger was not likely to harm competition and said the evidence suggested it would increase competition across media and entertainment.[9] The states did not agree.
The Threat to Leave California
Paramount's owner used the prospect of leaving California as leverage in the antitrust case. On July 13, 2026, California and 11 other states sued in federal court in Northern California to block the Warner purchase. On July 20, Judge Araceli Martínez-Olguín issued a temporary restraining order pausing the deal.[10][45] The Writers Guild of America filed its own suit the same month.[10]
Paramount began threatening to leave the state after the states sued. Bonta called the threat "blackmail."[1] In mid-September, Paramount told the offices of Bonta and Los Angeles Mayor Karen Bass that it was preparing to leave. Tennessee invited the company, Georgia's film office said it welcomed talks, and Texas also courted it.[2] Ellison said he would begin the process if no settlement was reached by October 1.[2] That date mattered: starting October 1, Paramount owes Warner shareholders a "ticking fee" of $7 million a day until the deal closes.[32][7]
Bonta's office said Paramount had made the threat repeatedly and that the decision was Paramount's alone.[2] Bass said she was taking the threat seriously.[1] By late August, Governor Gavin Newsom, Bass and Xavier Becerra, the Democratic nominee for governor, had called on Bonta to settle.[11]
What the States Got in the Settlement
The states settled on September 21, 2026.[8] Bonta had pushed for asset sales; the settlement instead rests on commitments to make more movies in the United States.[12] Its main terms, as the California Attorney General's office described them:[8]
The merged company must release 30 films a year, including 20 wide releases, for the first two years, then 32 a year, including 21 wide releases, for the next three. At least four must be independent films each year. If it misses the target, it must divest its interest in Miramax and pay $30 million per missing film into union health and retirement funds and to the National Association of Attorneys General.
Paramount must spend at least $1.5 billion more on U.S. film production over five years than it did in 2025. The Attorney General's office said only about 5 percent of Paramount's production is currently in the United States. That share must rise if tax credits pass: to 20 percent, then 30 percent, if Congress enacts a federal film tax credit of at least 20 percent, and to 40 percent if California or New York also expands its state film credit. In September 2026, a bipartisan group of House members formed a caucus to push a federal film credit, which President Trump has endorsed.[43]
The company also committed $47.5 million to a fund for workers displaced by the merger, $25 million to buy independent films, separate cable-channel negotiations for Paramount and Warner channels for five years, a free streaming service like Pluto TV, and an independent monitor. It agreed to a News Editorial Independence Board for CNN and CBS.[8] Ellison said in August that he believed the states' suit was rooted in concerns about how he would run CNN.[11] In a separate settlement, the Writers Guild won a five-year ban on layoffs of CBS News writers and $17.5 million for its health funds.[32]
Bonta said the settlement "is not a vote of support for this merger."[8] Ellison thanked Bonta, the other attorneys general, the Writers Guild and Newsom.[13] Senator Elizabeth Warren said the settlement "greenlights an anti-monopoly disaster."[11]
Where the Deal Stands Now
The settlement still needs a federal judge's approval. At a September 24, 2026 hearing, Judge Araceli Martínez-Olguín questioned the terms, including the Miramax divestiture penalty, asked the parties for more briefing, and said she would rule "in due course."[25] Senator Cory Booker had written to the court urging an independent public-interest review before any approval.[25] She also allowed outside groups opposing the settlement to file briefs.[25] Hollywood's unions split from those groups: in statements released with the settlement, IATSE, the Directors Guild and the Teamsters praised it and SAG-AFTRA said it addressed some of its concerns,[8] while the Block the Merger coalition, which includes the Committee for the First Amendment, Free Press and the Freedom of the Press Foundation, called it "weak and unenforceable" and asked the court to reject it.[42] David Ellison has told staff he expects the deal to close within weeks, and Paramount has set October 6 to move its stock listing from the Nasdaq to the New York Stock Exchange, but the company said in a September 25 filing that the timing of the close is "not yet certain."[26]
CBS News, a Lawsuit Settlement, and the End of DEI
The clearest political signals in Paramount's recent record come from its news division and its dealings with federal regulators. In January 2025, days after taking over, new FCC Chairman Brendan Carr reinstated a "news distortion" complaint against CBS's New York station over the same 60 Minutes Harris interview that his predecessor had dismissed on First Amendment grounds. Carr said the FCC would consider the issue in its review of the Skydance deal.[37]
On February 26, 2025, while that review was pending, Paramount's co-chief executives told employees the company was ending several diversity policies, including numerical hiring goals by race and gender, to comply with President Trump's executive order on DEI.[35]
In May 2025, Senators Elizabeth Warren, Bernie Sanders and Ron Wyden wrote to Paramount chair Shari Redstone warning that settling Trump's lawsuit to win merger approval could violate federal bribery law.[36] On July 1, 2025, Paramount agreed to pay $16 million to settle the lawsuit over the editing of the 60 Minutes interview with Kamala Harris. Apart from legal fees, the money goes to Trump's future presidential library, not to Trump himself. The settlement included no apology. Paramount also agreed that 60 Minutes would release transcripts of future interviews with presidential candidates after they air.[4] Paramount had told the court the suit was without merit.[4]
Two top CBS News executives left while the dispute was pending. 60 Minutes executive producer Bill Owens announced his departure in April 2025, and CBS News president Wendy McMahon announced hers in May, saying she and the company did not agree on a path forward.[28][29]
Three weeks after the settlement, on July 24, 2025, the FCC approved Skydance's $8 billion purchase of Paramount. FCC Chairman Brendan Carr's announcement cited two written commitments from Skydance.[3] First, a CBS ombudsman for at least two years to review complaints of bias. Second, Skydance said it had no diversity, equity and inclusion (DEI) programs and would not create any at the new company. In a letter to Carr, Skydance's top lawyer also confirmed that Paramount had eliminated its DEI initiatives.[5]
Trump, Paramount and Carr each said the merger review was separate from the lawsuit. Critics, including Warren, alleged the two were linked.[14]
In September 2025, Paramount filled the ombudsman role with Kenneth Weinstein, former president of the Hudson Institute, a conservative-leaning Washington think tank, and chairman of the federal Broadcasting Board of Governors from 2017 to 2020.[33][34] Weinstein reports to Paramount president Jeff Shell, not to CBS News.[33]
On October 6, 2025, Paramount bought The Free Press, the online outlet co-founded by Bari Weiss, and named Weiss editor-in-chief of CBS News.[6] Axios reported the price at $150 million and said Weiss would report directly to David Ellison.[15] In January 2026, CBS Evening News introduced new anchor Tony Dokoupil with five published principles, one of which reads: "We love America. And we make no apologies for saying so."[39]
On April 23, 2026, the day Warner shareholders approved the deal, Ellison hosted an invitation-only dinner in Washington that invitations described as "honoring the Trump White House" and CBS News' White House correspondents. Trump spoke to guests for nearly an hour; Weiss and acting Attorney General Todd Blanche, whose department was still reviewing the Warner deal, were among those who attended.[38]
Paramount's Political Record Before Ellison
Under the Redstone family, Paramount described its political activity in business terms. In its 2024 proxy statement, Paramount Global said it took part in politics "to promote our interests and business objectives" and backed candidates at all levels of government who could advance policies on intellectual property, copyright, taxes and foreign trade.[21] Every political contribution needed advance approval from its Government Relations Office. The company said it could give directly to state and local candidates, party committees and ballot-measure campaigns, but did not make independent expenditures or give to 501(c)(4) or 527 political groups at that time.[21]
The same filing listed Paramount as a member of the Motion Picture Association, NCTA (the Internet and Television Association) and the National Association of Broadcasters, groups that lobby. Paramount said its dues did not mean it endorsed everything those groups did.[21]
The 2024 proxy also described diversity programs the company later dropped: an Office of Global Inclusion and a "Content for Change" initiative, reported in annual ESG reports published since 2020.[21] At the time, National Amusements, led by Shari Redstone, controlled about 77.4 percent of Paramount's voting stock.[21]
The company's politics have long been tied to its regulators. In 2004, Sumner Redstone, Shari's father and a self-described liberal Democrat who then controlled Viacom and CBS, backed President George W. Bush's reelection while seeking approval from a Republican-led FCC.[30] "I vote for Viacom," he told TIME, adding that he believed a Republican administration was better for media companies.[40]
The studio's name is also attached to one of the most important antitrust cases in Hollywood history. In United States v. Paramount Pictures (1948), the Supreme Court upheld findings that the major studios had illegally controlled film distribution, and the resulting consent decrees forced them to sell their theater chains. The Justice Department asked a court to end those decrees, and a federal judge did so in August 2020.[31]
Where the Money Goes
Paramount's corporate political action committee (PAC) gives to both parties. A PAC is a fund, paid for by voluntary contributions from people tied to the company, that gives money to candidates. In the 2023 to 2024 election cycle, which predates the Skydance merger, the Paramount Global PAC gave $255,500 to federal candidates: 52.6 percent to Republicans and 47.4 percent to Democrats.[16] The PAC is still registered with the Federal Election Commission.[16]
Because the Ellisons control Paramount, their personal giving is part of the company's political picture, though it is not company money. Their giving is split along generational lines. Larry Ellison disclosed $31 million in contributions to outside groups backing conservative candidates in the 2022 cycle, ranking 11th among federal megadonors that cycle, according to OpenSecrets.[17] David Ellison gave $929,600 to the Biden Victory Fund in the first quarter of 2024, according to a Federal Election Commission filing.[18] In 2022 he described himself as socially liberal.[19]
CNN has reported that Larry Ellison is backing his son's drive to become one of the country's top media owners.[19]
A Studio Older Than Most of Hollywood
Paramount is one of the oldest film studios in the United States, and it describes itself as the longest-operating and only remaining major studio in Hollywood.[44] It traces its start to Adolph Zukor's Famous Players Film Company in 1912. In 1926 Zukor bought land on Melrose Avenue and built the lot the studio still uses.[20] Its films range from Wings, winner of the first Best Picture award, to Top Gun: Maverick and the Mission: Impossible series, both made with Skydance.[20][18]
Where to Find Them
Paramount Pictures releases films in theaters and on Paramount+, its subscription streaming service. The studio's website is paramountpictures.com. Its parent trades as PSKY and plans to move its listing from the Nasdaq to the New York Stock Exchange in October 2026.[26]
Footnotes
[1] Variety, "Paramount May Be Bluffing About Leaving California, but L.A. Mayor Taking It Seriously," September 16, 2026. https://variety.com/2026/film/news/paramount-karen-bass-leaving-california-1236864828/
[2] TheWrap, "Paramount Preps California Exit Amid State AGs' Warner Bros. Merger Battle," September 2026. https://www.thewrap.com/industry-news/business/paramount-david-ellison-california-exit/ ; Fox Business, "California officials respond to report Paramount could leave the state," September 2026. https://www.foxbusiness.com/media/paramounts-california-future-doubt-amid-escalating-legal-fight
[3] Federal Communications Commission, "FCC Approves Skydance's Acquisition of Paramount CBS," July 24, 2025. https://docs.fcc.gov/public/attachments/DOC-413229A1.pdf
[4] CBS News, "Paramount, President Trump reach $16 million settlement over '60 Minutes' lawsuit," July 2, 2025. https://www.cbsnews.com/news/paramount-trump-60-minutes-lawsuit-settlement/
[5] Variety, "Skydance Tells FCC Paramount Eliminated DEI, Pledges to Appoint CBS Ombudsman," July 2025. https://variety.com/2025/tv/news/skydance-promises-fcc-eliminate-dei-paramount-cbs-news-ombudsman-1236467977/
[6] Paramount, "Paramount Announces Deal to Acquire The Free Press," October 6, 2025. https://www.paramount.com/press/paramount-announces-deal-to-acquire-the-free-press
[7] Warner Bros. Discovery, Form 10-Q for the quarter ended March 31, 2026, SEC filing. https://www.sec.gov/Archives/edgar/data/0001437107/000143710726000057/wbd-20260331.htm ; Warner Bros. Discovery, "Warner Bros. Discovery Stockholders Approve Transaction with Paramount Skydance," April 23, 2026: https://s201.q4cdn.com/336605034/files/doc_news/Warner-Bros--Discovery-Stockholders-Approve-Transaction-with-Paramount-Skydance-2026.pdf ; Paramount Skydance statement, February 26, 2026: https://www.sec.gov/Archives/edgar/data/1437107/000110465926020849/tm2533570d73_exa5an.htm
[8] California Department of Justice, "Attorney General Bonta Announces Settlement in Warner Bros./Paramount Litigation," September 21, 2026. https://oag.ca.gov/news/press-releases/attorney-general-bonta-announces-settlement-warner-brosparamount-litigation
[9] U.S. Department of Justice, "Statement of the Department of Justice Antitrust Division on the Closing of Its Investigation of the Merger of Paramount Skydance and Warner Bros.," June 12, 2026. https://www.justice.gov/opa/pr/statement-department-justice-antitrust-division-closing-its-investigation-merger-paramount
[10] Paramount Skydance Corporation, Form 10-Q for the quarter ended June 30, 2026, SEC filing. https://www.sec.gov/Archives/edgar/data/0002041610/000204161026000054/psky-20260630.htm
[11] Axios, "Ellison's California pressure point worked for Paramount," September 22, 2026. https://www.axios.com/2026/09/22/david-ellison-rob-bonta-paramount-skydance
[12] Deadline, "Paramount Settles Antitrust Suit, Set To Seal Deal For Warner Bros Discovery," September 21, 2026. https://deadline.com/2026/09/paramount-settles-antitrust-suit-to-seal-warner-bros-deal-1237109223/
[13] Axios, "Paramount reaches historic settlement with states, clearing way for WBD deal," September 21, 2026. https://www.axios.com/2026/09/21/paramount-skydance-settlement-wbd-deal
[14] Variety, "FCC Approves Paramount-Skydance Deal After Skydance's CBS Ombudsman, Anti-DEI Pledges," July 24, 2025. https://variety.com/2025/tv/news/fcc-approves-paramount-skydance-merger-deal-conditions-1236459974/
[15] Axios, "Paramount Skydance acquires The Free Press for $150M," October 6, 2025. https://www.axios.com/2025/10/06/paramount-skydance-acquires-the-free-press
[16] OpenSecrets, "PAC Profile: Paramount Global, 2023-2024," accessed September 25, 2026. https://www.opensecrets.org/political-action-committees-pacs/paramount-global/C00167759/summary/2024 ; FEC committee C00167759: https://www.fec.gov/data/committee/C00167759/
[17] OpenSecrets News, "Oracle invested millions in government influence before winning a major stake in TikTok," September 25, 2025. https://www.opensecrets.org/news/2025/09/oracle-invested-millions-in-government-influence-before-winning-a-major-stake-in-tiktok/
[18] Quartz, "Oracle co-founder and GOP megadonor Larry Ellison's son gave Biden almost $1 million," April 16, 2024. https://qz.com/david-ellison-biden-victory-fund-campaign-larry-1851414350
[19] CNN, "How Larry and David Ellison reached the peak of their wealth and political power," September 26, 2025. https://www.cnn.com/2025/09/26/media/larry-ellison-david-ellison-trump
[20] Home Media Magazine, "Celebrating 100 Years: Paramount," accessed September 25, 2026. https://www.homemediamagazine.com/studios/celebrating-100-years-paramount-27110
[21] Paramount Global, 2024 Proxy Statement (Schedule 14A), April 22, 2024, SEC filing. https://www.sec.gov/Archives/edgar/data/813828/000119312524105026/d558817ddef14a.htm
[22] The Washington Post, "Paramount settles with states over Warner Bros. Discovery merger," September 21, 2026. https://www.washingtonpost.com/business/2026/09/21/paramount-settles-with-states-over-warner-bros-discovery-merger/
[23] Variety, "FCC Approves 49.5% Foreign Ownership of Paramount-Warner Bros.," September 2026. https://variety.com/2026/film/news/fcc-approves-49-5-foreign-ownership-paramount-warner-bros-1236866217/ ; FCC Media Bureau, Declaratory Ruling DA 26-1001: https://docs.fcc.gov/public/attachments/DA-26-1001A1.pdf
[24] Deadline, "Paramount-WBD Merger Clears FCC Foreign Ownership Review," September 2026. https://deadline.com/2026/09/fcc-foreign-ownership-paramount-warner-bros-discovery-1237106980/
[25] Variety, "Judge Questions Legal Points of Paramount's Settlement With States at Hearing," September 24, 2026. https://variety.com/2026/film/news/judge-paramount-state-ags-settlement-hearing-1236874529/ ; "Judge Holds Off on Paramount-Warner Bros. Merger Settlement Ruling," September 24, 2026. https://ca.finance.yahoo.com/news/judge-holds-off-paramount-warner-190223930.html
[26] Variety, "Paramount Says Timing of Warner Bros. Deal Close 'Not Yet Certain' but Sets Oct. 6 Date for Stock Exchange Switch," September 25, 2026. https://variety.com/2026/film/news/paramount-warner-bros-deal-close-not-yet-certain-warrants-issue-date-1236876018/
[27] Variety, "Paramount to Raise $7.5 Billion More in Debt to Fund Warner Bros. Deal," September 2026. https://variety.com/2026/film/news/paramount-7-5-billion-more-debt-warner-bros-merger-1236874269/
[28] CBS News, "'60 Minutes' executive producer Bill Owens to depart network," April 2025. https://www.cbsnews.com/news/60-minutes-executive-producer-bill-owens-to-depart-cbs-news/
[29] CBS News, "Wendy McMahon to step down as president and CEO of CBS News, Stations and CBS Media Ventures," May 2025. https://www.cbsnews.com/news/wendy-mcmahon-to-step-down-president-ceo-cbs-news-stations-cbs-media-ventures/
[30] Variety, "Dan Rather Blasts 'Shameful' CBS and ABC Settlements With Trump, Draws Parallels to His Bush-Era Ouster," 2025 (syndicated). https://www.aol.com/dan-rather-blasts-shameful-cbs-163000984.html
[31] Barnes & Thornburg, "Old Antitrust Consent Decrees in the Movie Business Terminated by Court," August 10, 2020. https://btlaw.com/en/insights/alerts/2020/old-antitrust-consent-decrees-in-the-movie-business-terminated-by-court-will-others-follow
[32] NPR, "Paramount settles lawsuits to salvage Warner Bros. deal," September 21, 2026. https://www.npr.org/transcripts/nx-s1-5974909
[33] CBS News, "Kenneth R. Weinstein named CBS News ombudsman," September 8, 2025. https://www.cbsnews.com/news/cbs-news-names-ombudsman-kenneth-r-weinstein/
[34] The Hollywood Reporter, "CBS News Hires Ombudsman From Conservative-Leaning Hudson Institute," September 8, 2025. https://www.hollywoodreporter.com/business/business-news/cbs-news-ombudsman-conservative-think-tank-ken-weinstein-1236365064/
[35] NBC News (CNBC), "Paramount ends DEI policies, cites Trump executive order," February 27, 2025. https://www.nbcnews.com/business/business-news/paramount-ends-dei-policies-cites-trump-executive-order-rcna194080
[36] Office of Sen. Elizabeth Warren, "Warren, Sanders, Wyden Open Investigation Into Whether Paramount Is Engaging in Bribery With Trump for Approval of $8 Billion Megamerger," May 20, 2025. https://www.warren.senate.gov/newsroom/press-releases/warren-sanders-wyden-open-investigation-into-whether-paramount-is-engaging-in-bribery-with-trump-for-approval-of-8-billion-megamerger
[37] TV Tech, "FCC Reinstates News Distortion Complaints Against Two Stations," January 2025. https://tvtechnology.com/news/fcc-reinstates-news-distortion-complaints-against-two-stations
[38] The Hollywood Reporter, "David Ellison Held Dinner Party 'Honoring' Trump," April 24, 2026. https://www.hollywoodreporter.com/news/politics-news/david-ellison-trump-honor-dinner-party-1236575572/
[39] NewscastStudio, "Tony Dokoupil to debut on 'CBS Evening News' early amid Venezuela military action," January 3, 2026. https://www.newscaststudio.com/2026/01/03/tony-dokoupil-to-debut-on-cbs-evening-news-early-amid-venezuela-military-action
[40] FAIR, "Does CBS Think Dems Are Bad People?" (quoting TIME, October 4, 2004, and the Asian Wall Street Journal, September 24, 2004). https://fair.org/blog-entries/does-cbs-think-dems-are-bad-people/
[41] NBC News, "Paramount reaches deal with California, other states over Warner merger," September 21, 2026. https://www.nbcnews.com/business/media/paramount-reaches-settlement-states-warner-bros-discovery-merger-rcna598645
[42] Block the Merger coalition, "Block the Merger Groups Go to Court to Object to Paramount's Toothless Deal," September 24, 2026. https://noparamountconcessions.com/press/motion-2026-09-24 ; Cord Cutters News, "Judge Will Hear Block the Merger Coalition's Last Minute Opposition to the Paramount and Warner Bros. Deal," September 2026. https://cordcuttersnews.com/judge-will-hear-block-the-merger-coalitions-last-minute-opposition-to-the-paramount-and-warner-bros-deal/
[43] TheWrap, "Lawmakers Supporting Federal Film Tax Incentive Form Bipartisan Caucus," September 2026. https://www.thewrap.com/media-platforms/politics/lawmakers-supporting-federal-film-tax-incentive-form-bipartisan-caucus/
[44] Paramount Pictures, "Our Story," accessed September 25, 2026. https://www.paramountpictures.com/history
[45] Associated Press (via OPB), "Judge says Paramount and Warner must halt merger for at least two weeks, granting states' request," July 20, 2026. https://www.opb.org/article/2026/07/20/judge-says-paramount-warner-must-halt-merger-two-weeks-granting-states-request/
[46] Variety, "Paramount Skydance Secures $24 Billion From Saudi Arabia, Qatar and Abu Dhabi Funds for Warner Bros. Deal," April 6, 2026. https://variety.com/2026/tv/news/paramount-skydance-funding-saudi-arabia-qatar-abu-dhabi-funds-warner-bros-deal-1236709251/ ; The Hollywood Reporter, "Paramount Confirms Middle East Funds Are Backing Its Warner Bros. Discovery Buy," April 7, 2026. https://www.hollywoodreporter.com/business/business-news/paramount-middle-east-funding-wbd-buy-pif-qatar-abu-dhabi-1236557376/
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