Paramount settlement with California clears way for WBD merger
California attorney general says Paramount reached a settlement with California and several other states over a proposed $81bn merger with Warner Bros Discovery (WBD), clearing the way to consolidate some TV networks and studios.
Paramount has reached a settlement with California and several other states that sued over a proposed $81bn merger with Warner Bros Discovery NASDAQ:WBD, the California attorney general announced Monday, clearing the way to consolidate some of Hollywood’s most recognizable TV networks and studios u…