Paramount just won its $110 billion Warner Bros battle, here's what it had to give up

Paramount Skydance has emerged victorious in its Warner Bros Discovery takeover, finalizing a $110 billion acquisition after settling lawsuits with a coalition of US states led by California and the Writers Guild of America, according to a report by Reuters. The deal, one of the largest in media history, consolidates power across Hollywood’s film, TV, streaming, and news businesses.To avoid a forced sale of assets like CNN or major film franchises, Paramount agreed to temporary film quotas and the creation of a news oversight committee. The company pledged to spend at least $300 million more annually on US film production, release 30–32 movies per year for five years, and ensure that at least 20% are blockbusters and four are independent films.