Paramount's $110 billion merger with Warner Bros. approved for October 6 closing
- US District Judge Araceli Martínez-Olguín cleared Paramount’s $110 billion Warner Bros. Discovery acquisition.
- The ruling resolved an antitrust lawsuit filed by California and 11 other states challenging the merger.
- The five-year settlement requires at least 30 US theatrical releases annually for the first two years, rising to 32 thereafter.
- Paramount must also spend at least $300 million more annually on US film and TV production than the companies’ 2025 level.
Source: lawcommentary.com
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