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Paramount settles lawsuit to clear Warner Bros merger path
Paramount has reached a settlement with US states challenging its $110bn acquisition of Warner Bros Discovery.
Paramount agreed to settle with 12 state attorneys general who had sued to block the deal. The settlement removes a major obstacle to the media merger. The New York Post reports the concessions include a $1.5bn investment in California film production.
From 9 outlets:
UPI›
NPR›
Summary written by AI from these reports. See news.today/ai
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