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Paramount to settle antitrust lawsuits over Warner Bros. merger: Report
Paramount is reportedly settling two antitrust lawsuits over its Warner Bros. Discovery merger, filed by 12 states and the Writers Guild of America. The settlement includes concessions such as a $1.5 billion California production investment, a $30 million penalty tied to theatrical release commitments, and independent editorial boards for CNN and CBS News. Democratic lawmakers and left-wing activists criticized the deal, with the article noting that California Attorney General Rob Bonta has 'caved.'










