On September 21, local time, Paramount Sky Dance Company reached a settlement agreement with California and 11 other states. These states have previously filed lawsuits to prevent a $110 billion merger deal between the company and Warner Bros. Exploration; this settlement clears the way for the two major Hollywood giants to merge. According to reports, California Attorney General Rob Bonta announced the settlement at a press conference held in Los Angeles on the same day. This decision is the latest development in Paramount Tianwu's quest to acquire Warner Bros. Discovery. If the deal is reached, the consortium will become one of the largest and most powerful companies in the entertainment industry. The deal will integrate the studio business of Paramount and Warner Bros., and the two major US news organizations, CNN controlled by Warner Bros. Discovery and CBS, controlled by Paramount Sky Dance, will also be placed under the same company.

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