Paramount-Warner Bros merger: California may seek cable channel divestitures, film studio safeguards

California ​Attorney General Rob ​Bonta is expected to ask Paramount to ​divest some cable channels and commit to keeping its movie studio separate from Warner Bros. before he signs off on ‌their merger, ⁠the ⁠Wall Street Journal reported on Sunday, citing people familiar with the ​matter.

Paramount and California state officials are set to meet on Monday to discuss potential ways to settle the state’s antitrust lawsuit, the report said.

Lawyers from both ​sides met on Friday to ⁠lay out ‌an agenda for Monday’s meeting, including ​discussions about ​the cable and motion-picture businesses, the Journal ⁠reported.

Read more

You may also like

Comments are closed.

More in Broadcasting