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Paramount negotiating California concessions for Warner Bros. deal approval

The Globe and Mail · Business

Published · Updated

  • Paramount and California's attorney-general discussed a $1.5-billion production investment commitment in the state.
  • Among concessions discussed are commitments not to sell either studio lot and remain in California.
  • The case brought by California and 11 other states is one of the final hurdles to Paramount's proposed $110-billion acquisition of Warner Bros. Discovery.
Paramount, California A-G reported to discuss concessions in deal that would clear hurdle for Warner Bros. mer
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