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Entertainment

Paramount Settles Antitrust Case With State A.G.’s, Removing Obstacle to Warner Bros. Deal

Variety ·
Paramount Settles Antitrust Case With State A.G.’s, Removing Obstacle to Warner Bros. Deal

Paramount has reached a deal with 12 state attorneys general that removes a major obstacle to closing its acquisition of Warner Bros.

Discovery, according to reports in Bloomberg and the Wall Street Journal.

The deal comes just before the company was to begin accruing a $7 million daily “ticking fee” on Oct.

1, which was […]

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on variety.com — the content belongs to Variety.

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