Judge approves Paramount takeover of Warner Bros. Discovery
Summarised from 2 outlets · Updated 1 Oct, 02:31 · Archive
A US federal judge has approved Paramount's acquisition of Warner Bros. Discovery after states challenged it on antitrust grounds.
A federal judge has approved a settlement clearing Paramount's takeover of Warner Bros. Discovery after 12 US states challenged the deal on antitrust grounds. The agreement includes safeguards for CNN's editorial independence and requires the merged studio to release at least 30 films annually for its first two years.
How it is being reported
- US judge approves settlement allowing Paramount to acquire Warner BrosAl Jazeera · 1 Oct, 00:15
- Paramount takeover of Warner Bros. Discovery clears legal hurdleFrance 24 · 30 Sept, 23:19
In this story: Paramount · Warner Bros. Discovery · CNN · United States
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