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World

Paramount Skydance finds agreement with 12 US states to buy back Warner Bros Discovery

Paramount Skydance has reached an amicable agreement, which still needs to be approved by a California federal judge, in order to obtain the abandonment of the proceedings brought by twelve US states challenging the acquisition of Warner Bros Discovery. In particular, the group is committed to increasing its investment in film production and to creating a council on editorial independence of news channels.

World

Fusion Paramount-Warner Bros: the saga continues, an agreement reached with twelve American states

We still have to wait for the validation of a judge, but the essential thing is done: Paramount Skydance agreed with twelve US states to terminate the proceedings challenging the acquisition of Warner Bros Discovery (WBD). "This merger has an economic stake with the taking of a dominant position, but also concerns about the editorial line" because changes have already been observed on CBS, reports France 24 correspondent in Los Angeles, Loïc Pialat.

World

Paramount, US states settle antitrust lawsuit over Warner Bros. acquisition

Paramount Skydance has settled a lawsuit with a dozen US states that sought to block its acquisition of Warner Brothers, as well as with the Writers Guild of America. California's attorney general said that while the settlement addressed concerns over competition and protection, it did not mean a vote of support for the deal.

Entertainment

Paramount-Warner Bros. Settlement: What the Guilds, AGs and Activists Are Saying

After almost a year in the trenches pulling together his historic combination of Paramount Skydance and Warner Bros. Discovery, David Ellison has finally emerged victorious. On Monday, the Silicon Valley heir confirmed he’d reached a settlement with a group of state attorneys general, who sued to block the merger over antitrust concerns. The proposed merger […]

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Entertainment

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

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 […]

Entertainment

Paramount Settlement Talks With State AGs Reach Critical Stage as Merger Opponents Rally and Urge Rob Bonta ‘Do Not Cave’

Paramount Skydance is moving closer to the finish line of its yearlong pursuit of Warner Bros. Discovery as the company’s weekend settlement negotiations with the state attorneys general reach a critical stage. Meanwhile, opponents of the merger are rallying to protest what it warns is shaping up to be a “cave” by the 12-state coalition […]

Entertainment

‘MobLand’ Season 2 Proves the Show Just Wouldn’t Work Without Tom Hardy

A mere 10 minutes into the Season 2 premiere of “MobLand,” aptly titled “I Wanna Be Your Dog,” there is a massacre at the racetrack. Increasingly on edge and triggered by his son Kevin’s (Paddy Considine) disloyalty, Conrad Harrigan (Pierce Brosnan), patriarch of the Harrigan crime family, lets his temper get the best of him. […]

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Entertainment

Paramount and California AG Bonta Reportedly in ‘Advanced Talks’ to Settle Antitrust Suit

David Ellison’s Paramount Skydance is in “advanced talks” with California Attorney General Rob Bonta to settle the 12-state antitrust suit that’s holding up its takeover of Warner Bros. Discovery, the Wall Street Journal reported Friday, citing anonymous sources. A Paramount spokesperson declined to comment. A rep for Bonta’s office said, “Potential settlement talks are confidential. […]