BBC News·1 min read

Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros

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Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros
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Image source, Getty Images Image caption, A coalition of states led by California had challenged the deal, raising concerns over competition across film and television.

Paramount Skydance has settled a lawsuit with dozens of US states, removing a major hurdle to its $110bn (£82.8bn) merger with Warner Bros Discovery.

California Attorney General Rob Bonta told a news conference that state officials agreed to terms after securing commitments to protect competition across film and television, and broadcasting.

Still, "the settlement is not a vote of support for this merger," Bonta said. "It is not a blessing of the broader merger."

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