Paramount weighs $1.5bn California production investment to clear $81bn Warner Bros. Discovery deal

Paramount is reportedly discussing a $1.5 billion California production investment to clear the way for its $81 billion Warner Bros. Discovery acquisition, with executives in weekend settlement talks with the state. CEO David Ellison has warned Paramount may begin leaving California Oct. 1 if the 12-state antitrust suit proceeds.

Detected & updated continuously · Source: Nebula

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ParamountRob BontaCalifornia Attorney General's Office

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