
Paramount settles states' antitrust lawsuit over proposed Warner Bros. acquisition
The agreement includes reported theatrical commitments and $1.5 billion in additional production spending over five years, but requires court approval and does not complete the acquisition.
Paramount Skydance has reached a settlement with state attorneys general in their antitrust lawsuit over its proposed acquisition of Warner Bros. Discovery, according to efe.com.
EFE reports that the agreement includes theatrical-release commitments, an additional $1.5 billion in production investment over five years and restrictions on cable negotiations.
The settlement still requires court approval. It addresses a legal obstacle to the proposed transaction but does not mean the acquisition has closed.
Source: efe.com













