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Brief: California AG Says Attorneys General Reached Settlement With Paramount, Resolving Antitrust Issues

BRIEF-California AG Says Attorneys General Reached Settlement With Paramount, Resolving Antitrust Issues

- CALIFORNIA ATTORNEY GENERAL ON PARAMOUNT-WBD DEAL:

  • CALIFORNIA ATTORNEY GENERAL ON PARAMOUNT-WBD DEAL: COALITION OF ATTORNEYS GENERAL REACHED SETTLEMENT WITH PARAMOUNT, THAT RESOLVES ANTITRUST CONCERNS

  • CALIFORNIA ATTORNEY GENERAL ON PARAMOUNT-WBD DEAL: "SETTLEMENT IS NOT A VOTE OF SUPPORT FOR THIS MERGER. IT IS NOT A BLESSING OF THE BROADER MERGER"

  • CALIFORNIA AG ON PARAMOUNT-WBD DEAL: PARAMOUNT REQUIRED TO MOVE PRODUCTION BACK TO US BY SPENDING AS A FLOOR, AT LEAST $300 MILLION MORE EACH YEAR

  • CALIFORNIA AG ON PARAMOUNT-WBD DEAL: PARAMOUNT & WARNER BROTHERS ARE REQUIRED TO CONTINUE NEGOTIATING THEIR CABLE PACKAGES SEPARATELY

  • CALIFORNIA AG ON PARAMOUNT-WBD DEAL: WE'LL SELECT A TRUSTEE TO MONITOR PARAMOUNT'S COMPLIANCE WITH TERMS OF SETTLEMENT

Further company coverage: PSKY.O


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