Paramount, states could settle Warner Bros. $110 billion deal challenge this weekend, sources say

Paramount and states seeking to block its $110 billion acquisition of Warner Bros. could settle as soon as this weekend, with independent content monitoring of CNN among the terms under discussion, sources familiar with the matter told Reuters on Friday.

A commitment on the number of theatrical releases is also among the terms being discussed as part of a settlement, the sources said.

Paramount’s shares rose nearly 7% after markets closed. Warner Bros. Discovery shares were up 8.4% in after-market trading.