FSMN(@faststocknewss):PARAMOUNT $PSKY DISCUSSED A $1.5B CALIFORNIA PRODUCTION INVESTMENT TO CLEAR ITS WARNER BROS. MERGER The company and the state attorneys general that sued to block the $81B merger with Warner Bros. Discovery $WBD spent the weekend working through a possible settlement, per people familiar cited by WSJ. No final deal has been reached. Concessions under discussion: - A $1.5B investment in California production - A promise not to sell either studio lot and to remain in the state - Penalties if Paramount misses an earlier pledge to make 30 movies a year post-merger, including divesting its Miramax stake - Sales of some cable channels - A board to ensure CNN retains editorial independence

2026.09.21 02:14

PARAMOUNT $PSKY DISCUSSED A $1.5B CALIFORNIA PRODUCTION INVESTMENT TO CLEAR ITS WARNER BROS. MERGER The company and the state attorneys general that sued to block the $81B merger with Warner Bros. Discovery $WBD spent the weekend working through a possible settlement, per people familiar cited by WSJ. No final deal has been reached. Concessions under discussion: - A $1.5B investment in California production - A promise not to sell either studio lot and to remain in the state - Penalties if Paramount misses an earlier pledge to make 30 movies a year post-merger, including divesting its Miramax stake - Sales of some cable channels - A board to ensure CNN retains editorial independence