WorldPingRob Bonta defended the antitrust settlement that allows Paramount to merge with Warner Bros. on Monday, saying in a 45-minute press conference that the deal includes independent monitoring and will result in more jobs in Hollywood.
This is a short WorldPing brief. The full report was published by Variety.
Read the full report at VarietyMore coverage: all entertainment news on WorldPing.
WorldPingParamount’s settlement with the 12 Democratic state attorneys general appeared to be a Yom Kippur affair, with the final signoff coming after sundown on Sunday.
Brief by WorldPing · Original reporting by Deadline
WorldPingParamount is not leaving California — at least not anytime soon.
Brief by WorldPing · Original reporting by Deadline
WorldPingWhile Warner Bros. Discovery shares soared 11%, as is often the case of a company about to be acquired, while Paramount shares stumbled on news the companies’ merger will take another two weeks to complete.
Brief by WorldPing · Original reporting by Deadline
The settlement with state attorneys general says the combined company has to maintain the service for the five-year term of the deal.
Brief by WorldPing · Original reporting by Hollywood Reporter
WorldPingAfter almost a year in the trenches pulling together his historic combination of Paramount Skydance and Warner Bros. Discovery, David Ellison has finally emerged victorious.
Brief by WorldPing · Original reporting by Variety
The $111 billion megadeal can proceed with guardrails on domestic film production, cable channels, news outlets and studio lots in Los Angeles — but not any divestitures of assets unless it fails at commitments.
Brief by WorldPing · Original reporting by Hollywood Reporter
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