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The $110 billion price tag on Paramount's planned acquisition of Warner Bros. Discovery now faces fewer legal hurdles after a settlement was reached with California and 11 other states.
The proposed consent decree removes a major roadblock that sought to block the massive media merger. This development clears the path for one of the largest transactions in recent media history.
The Consent Decree Terms The math of the settlement is anchored in specific production commitments filed with the court. Discovery must meet minimum theatrical release numbers over the next five years.
The schedule starts with 30 releases in year one and two. The requirement jumps to 32 releases in the following years. This structure ensures a steady flow of major films to theaters during the integration period.
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