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Paramount settles lawsuits with 12 US states, clearing way for Warner merger
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Paramount settles lawsuits with 12 US states, clearing way for Warner merger

States including California and New York sued over concerns of ‘extinguishing competition’ with $81bn mergerParamount has reached a settlement with California and several other states that sued over a proposed $81bn merger with Warner Bros Discovery (WBD), according to reports on Monday, clearing the way to consolidate some of Hollywood’s most rec…

Originally reported by The Guardian Business

States including California and New York sued over concerns of ‘extinguishing competition’ with $81bn mergerParamount has reached a settlement with California and several other states that sued over a proposed $81bn merger with Warner Bros Discovery (WBD), according to reports on Monday, clearing the way to consolidate some of Hollywood’s most rec…

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