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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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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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