What’s in the Paramount Settlement With States: Commitment to Not Sell Studio Lots, Additional $300M U.S. Film Production Investment, CNN Oversight and More
Paramount has agreed to a settlement with 12 US states that could clear the way for its takeover of Warner Bros. Discovery, subject to judicial approval. The deal requires Paramount to keep its California operations and not sell the Paramount or Warner Bros. studio lots there for at least five years, while also placing CNN…