Paramount settles with US states to clear Warner Bros. mega-merger
WorldPing
Paramount has reached a settlement with a group of US states that clears the way for its takeover of Warner Bros. Discovery, officials announced Monday, creating a Hollywood empire spanning television, news and cinema.
This is a short WorldPing brief. The full report was published by France 24.
States including California and New York sued over concerns of ‘extinguishing competition’ with $81bn merger Paramount has reached a settlement with California and several other states that sued over a proposed $81bn merger with Warner Bros Discovery…
Brief by WorldPing · Original reporting by The Guardian
Paramount Skydance has settled a lawsuit with a dozen US states that sought to block its acquisition of Warner Brothers, as well as with the Writers Guild of America.
Brief by WorldPing · Original reporting by France 24