Injustice 3 will reportedly feature Supergirl, a returning character from Injustice 2, and Batwoman, marking her debut in the mainline series. The unannounced fighting game may be a reboot rather than a direct sequel, given that Batwoman's character died in the Injustice comics canon.
Paramount settled its antitrust case with 12 state attorneys general led by California AG Rob Bonta, removing a major obstacle to its $111 billion acquisition of Warner Bros. Discovery, the largest merger in Hollywood history. The settlement, reached just before a $7 million daily fee was to begin accruing, does not require major divestitures despite Bonta's earlier insistence on structural remedies. The deal concludes litigation that had been set for trial in March 2027 and was also opposed by the Writers Guild of America.
The FCC approved Paramount's plan to sell a 49.5% equity stake to sovereign wealth funds from Saudi Arabia, the UAE, and Qatar, waiving the typical 25% foreign ownership limit for broadcast licensees. The investment, totaling $24 billion, is partially financing Paramount's $111 billion acquisition of Warner Bros. Discovery, which would combine major studios and streaming services. FCC Commissioner Anna Gomez criticized the decision, warning that such foreign investment in a major U.S. media company could grant foreign governments influence over American media content.
The FCC approved allowing foreign entities to hold up to 49.5% equity in Paramount after its merger with Warner Bros. Discovery, backed by sovereign wealth funds from Saudi Arabia, Qatar, and Abu Dhabi. The commission determined the foreign investors pose no national security risk since they will not own voting stock, which will remain with the Ellison family and RedBird Capital Partners. The merger faces an ongoing antitrust lawsuit scheduled for trial in March.
Paramount and California Attorney General Rob Bonta are ordered to meet for court-mediated settlement talks in October regarding a $111-billion merger with Warner Bros. Discovery. Bonta and 11 other Democratic state attorneys general sued to block the deal, though international regulators and the Trump administration's Justice Department support it. The outcome of these talks could determine whether the mega-merger proceeds.