Paramount takeover of Warner Bros. Discovery clears legal hurdle
- Warner Bros. Discovery: 4 events in the last 90 days
- Previous: 9 days earlier · Paramount clears the last major hurdle to buying Warner Bros. Discovery by settling the lawsuit brought by 12 states
What happened
A federal judge on Wednesday approved a settlement clearing Paramount’s takeover of Warner Bros. Discovery after 12 US states challenged the deal on antitrust grounds. The agreement includes safeguards for CNN’s editorial independence and requires the merged studio to release at least 30 films a year for its first two years.
Summary assembled by rule from the sources below