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Paramount closes in on blockbuster £80bn deal for Hollywood rival Warner Bros as it settles with US states

Paramount Skydance secured a settlement with 12 US states over its $110bn takeover of Warner Bros Discovery, including concessions such as independent editorial boards for CNN and CBS and penalties tied to film output. The deal has cleared regulators in several jurisdictions but still faces a Writers Guild lawsuit. Shares of both companies rose after the settlement.

New York PostSig. 5NewsEducationAIEconomy

NYC’s Founders School ‘guarantees’ students will graduate with $1M businesses

A new private high school in Manhattan’s Financial District charges $150,000 a year and promises to refund four years’ tuition if students do not launch a business earning $1 million in profit by graduation. The school uses AI-driven morning lessons and afternoon entrepreneurship work, and it operates outside New York City’s new restrictions on AI in public schools.

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Washington ExaminerSig. 8NewsMediaLawEconomy

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.'

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