Paramount settles lawsuits, allowing for Warner Bros. deal

Paramount Skydance has settled lawsuits brought by 12 state attorneys general and the Writers Guild trade union, a move that will allow the company to close its historic $110 billion acquisition of Warner Bros. Discovery.The parties worked through the weekend to reach the deal, which includes protections designed to limit the market power and ensure the editorial independence of the media giant, which will control two of Hollywood’s biggest…