BBC News
Paramount reaches settlement with states in $110bn Warner Bros merger
The deal includes an agreement to produce 30 films a year, or Paramount will be forced to sell off parts of its company.
Via BBC News
·Excerpt
Paramount Skydance has settled a lawsuit with a dozen US states, paving the way for its $110bn (£82.8bn) merger with Warner Bros Discovery.
Under the agreement, Paramount must produce at least 30 films a year and ensure a certain percentage are made in the US, or face penalties including selling off parts of its business.
Paramount has also promised to create an editorial independence board to oversee CBS News and CNN, the news network owned by Warner Bros Discovery which…
Courtesy
This story was originally published by BBC News. All rights belong to the original publisher.
Read the original on bbc.co.uk ↗