What’s in the Paramount Settlement With States: Commitment to Not Sell Studio Lots, Additional $300M U.S. Film Production Investment, CNN Oversight and More

By Todd Spangler

Todd Spangler

NY Digital Editor

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• What’s in the Paramount Settlement With States: Commitment to Not Sell Studio Lots, Additional $300M U.S. Film Production Investment, CNN Oversight and More 24 minutes ago
• Major TV Networks Suspend White House Pool Coverage of Trump in Protest of His CNN Ban 4 hours ago
• Paramount Settlement Talks With States Progress but Some AGs Push for Tougher Terms 16 hours ago

The details of Paramount’s deal with 12 states settling their antitrust case — paving the way for its takeover of Warner Bros. Discovery, the biggest merger in Hollywood history — have been revealed.

Among the top-line items: Paramount is agreeing to keep its operations in California and has committed to not sell the Paramount Studios or Warner Bros. lots in the state. That comes after Paramount Skydance chief David Ellison had threatened to pull up stakes from the Golden State if he couldn’t close the WBD deal by Oct. 1.

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