Paramount Settles Antitrust Case With State AGs, Removing Obstacle to Warner Bros. Deal

MusicNewsletter newsroom brief · 2h ago · 1 min read · via variety.com

Paramount has reached a deal with 12 state attorneys general that removes a major obstacle to closing its acquisition of Warner Bros. Discovery. The deal comes just before the company was to begin accruing a $7 million daily “ticking fee” on Oct. 1, which was seen as an important

Paramount has reached a deal with 12 state attorneys general that removes a major obstacle to closing its acquisition of Warner Bros. Discovery. The deal comes just before the company was to begin accruing a $7 million daily “ticking fee” on Oct. 1, which was seen as an important This story matters for Culture, Style & Media readers tracking music. Reported by variety.com. Read the full original at the source link below.

Originally reported by variety.com. MusicNewsletter curates and briefs the culture, style & media stories that matter. Our editorial policy →
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