Paramount settles with 12 states to unblock $110 billion Warner Bros. Discovery merger
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Paramount reached a settlement with California and 11 other states that sued to block its planned $110 billion acquisition of Warner Bros. Discovery, resolving the antitrust case filed by California, New York, Washington and others. The proposed consent decree sets minimum annual film releases, rules for cable channel negotiations, and commitments on studio lots, property and Pluto TV availability.
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