Paramount settles dozen states' antitrust suit over $110bn Warner Bros. Discovery deal

Paramount Skydance reached a settlement with a dozen states that sued to block its $110 billion Warner Bros. Discovery merger, per the Washington Post, clearing the way for the deal. The consent decree requires an internal compliance monitor and a five-state oversight committee, with possible divestitures for breach; Paramount won't have to sell cable channels.

Detected & updated continuously · Source: Nebula