Paramount has agreed to keep its California operations, invest an additional $300 million annually in U.S. film production, and accept CNN oversight as part of a settlement with 12 state attorneys general, paving the way for its $111 billion acquisition of Warner Bros. Discovery.
Paramount Settles Antitrust Case With 12 States, Clearing Path for Warner Bros. Discovery Takeover
Paramount has agreed to keep its California operations, invest an additional $300 million annually in U.S. film production, and accept CNN oversight as part of a settlement with 12 state attorneys general, paving the way for its $111 billion acquisition of Warner Bros. Discovery.
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