Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros

Published 21 Sep 2026, 18:27 UTC. Updated 21 Sep 2026, 21:53 UTC.

Paramount has reached a settlement with the US states in a lawsuit challenging its $110bn merger with Warner Bros

Directly affected

No company is named in this report.

Indirectly affected

CPER UNITED STATES COPPER INDEX FUND
GA selected CPER as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
KBE SPDR SER TR STATE STREET SPDR S&P BK ETF
GA selected KBE as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
UGA UNITED STATES GASOLINE FUND LP
GA selected UGA as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
USO UNITED STATES OIL FUND LP
GA selected USO as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
WBD WARNER BROS DISCOVERY INC
GA selected WBD as a RELATED security because its canonical security name directly matches this event's themes: warner, bros. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
CPER	—	—	—	—	—	—	—
KBE	—	—	—	—	—	—	—
UGA	—	—	—	—	—	—	—
USO	—	—	—	—	—	—	—
WBD	—	—	—	—	—	—	—

Paramount has reached a settlement with the US states in a lawsuit challenging its $110bn merger with Warner Bros

Source: USA Breaking Wire

Price since this story was published: United States Commodity Index Funds Trust (CPER)

Since the first closing price after “Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros,” United States Commodity Index Funds Trust (CPER) is -4.40%. The S&P 500 fund (SPY) is -0.88% over the same days, a -3.51% difference versus the market.

CPER

SPY

Filings that name United States Commodity Index Funds Trust (CPER) around 21 Sep 2026

Rohit Khanna buy Warner Bros. Discovery (WBD) ($1,001 - $15,000). That is 4 days after publication, inside 30 days. The filing is listed beside the story “Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros.”

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around United States Commodity Index Funds Trust (CPER)

Companies tied to this story

CPER United States Commodity Index Funds Trust
For “Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros,” United States Commodity Index Funds Trust (CPER) is linked, with no stored direction, medium confidence. Reason on file: GA selected CPER as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
KBE Spdr Ser Tr State Street Spdr S&P Bk Etf
For “Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros,” Spdr Ser Tr State Street Spdr S&P Bk Etf (KBE) is linked, with no stored direction, medium confidence. Reason on file: GA selected KBE as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
SPY Spdr S&P 500 Etf Trust
Spdr S&P 500 Etf Trust (SPY) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros.” Reason on file: GA selected SPY as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
UGA United States Gasoline Fund
United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros.” Reason on file: GA selected UGA as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
USO United States Oil Fund
For “Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: GA selected USO as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
WBD Warner Bros. Discovery
For “Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros,” Warner Bros. Discovery (WBD) is linked, with no stored direction, medium confidence. Reason on file: GA selected WBD as a RELATED security because its canonical security name directly matches this event's themes: warner, bros. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

United States Commodity Index Funds Trust (CPER)

On 21 Sep 2026, “Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros” is the story that connects United States Commodity Index Funds Trust (CPER) to this story.

The link for United States Commodity Index Funds Trust (CPER) is this: GA selected CPER as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Spdr Ser Tr State Street Spdr S&P Bk Etf (KBE), is listed for a different reason: GA selected KBE as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for United States Commodity Index Funds Trust (CPER)

CPER traded between 39.20 and 41.49 across 20 sessions. The latest close on file is 39.58. KBE traded between 61.81 and 66.63 across 20 sessions. The latest close on file is 63.14. SPY traded between 758.80 and 781.59 across 20 sessions. The latest close on file is 766.60.

A simple score for United States Commodity Index Funds Trust (CPER)

46 out of 100

“Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.