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), the California attorney general announced Monday, clearing the way to consolidate some of Hollywood’s most recognizable TV networks and studios under one owner.Th…
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