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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.


