Paramount and state AGs will settle lawsuit, allowing Warner Bros. merger to proceed, reports say [CNBC]Sources told Reuters that the settlement includes the creation of independent editorial boards for CNN and CBS and also stipulates a $30 million penalty per film if Paramount falls short of its pledge to release 30 movies annually…. As part of the merger agreement, Paramount agreed to a so-called ticking fee that would have kicked in after Sept. 30 and meant an additional 25 cents per share, p...
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