ValueSubtracted comments on Paramount Settles Antitrust Case With State A.G.s, Removing Obstacle to Warner Bros. Deal

Paramount Settles Antitrust Case With State A.G.s, Removing Obstacle to Warner Bros. Deal (variety.com)

submitted 1 week ago by ValueSubtracted@startrek.website [M] to c/quarks@startrek.website

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[–] ValueSubtracted@startrek.website [S] 2 points 1 week ago (3 children)

Yeah, I fully expect the final "deal" to be rather toothless.

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[–] StillPaisleyCat@startrek.website 1 point 1 week ago (2 children)

It may be that one won’t be reached at all.

The states may be dragging this out until after the November midterms to see if they may have more leverage in DC later.

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[–] ValueSubtracted@startrek.website [S] 2 points 1 week ago (1 child)

Looks like the news just broke - the terms can be found here.

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[–] StillPaisleyCat@startrek.website 2 points 1 week ago

Ooh, the states have gone for a number of conditions that will crystallize into requirements for divestments if Paramount fails to meet its expansive promises.

…Which the states likely believe will happen.

It’s a smart way for both sides to kick the problem downstream a bit until there’s a new administration.

It’s also a way for David Ellison to lock himself legally into doing things he personally wants to do (massive amounts of scripted production) while holding off his father and other investors.

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