Reposted by Kalen VX Bryson
The settlement requires that Paramount increase spending on film production in California, that Paramount and WB continue to negotiate the distribution of their cable channels separately for five years, that a news oversight board is installed at CBS and CNN, and more. variety.com/2026/film/ne...
variety.com
What’s in the Paramount Settlement With States: Commitment to Not Sell Studio Lots, $300M U.S. Film Production Investment, CNN Oversight and More
Details of the terms of Paramount's deal with 12 states settling their antitrust case that was holding up the Warner Bros. Discovery merger have been revealed.