Read the memo that Paramount CEO David Ellison sent to staffers after 2 settlements that clear the way for his WBD deal

David Ellison's Paramount Skydance has a clear path to buy Warner Bros. Discovery. Aleksander Kalka/NurPhoto via Getty Images; Kristina Bumphrey/Variety via Getty Images Paramount Skydance CEO David Ellison just confirmed to employees that the company had settled the lawsuits that were holding up its deal to buy Warner Bros. Discovery . "We have complete clearance for this merger and can move toward closing," Ellison said in a memo, which was obtained by Business Insider. Read Ellison's memo here: Team, Just a few moments ago, California Attorney General Rob Bonta, on behalf of himself and 11 other State AGs, announced a settlement that clears the path forward on the lawsuit blocking our merger with Warner Bros. Discovery. We have also reached a settlement with the Writers Guild of America. With both groups' concerns now addressed, we have complete clearance for this merger and can move toward closing.