EntertainmentParamount reportedly settles U.S. states’ lawsuit, clearing way for $110 billion Warner Bros. merger
NewZimbabwe.com reports that Paramount must produce at least 30 films a year, with a certain percentage made in the U.S., or face penalties including selling parts of its business.
TLDR
NewZimbabwe.com reports that Paramount settled a lawsuit with U.S. states, clearing the way for its $110 billion merger with Warner Bros. The agreement requires at least 30 films annually and a certain percentage produced in the U.S., with penalties including selling off parts of the business.
SolaceCinema lists additional merger requirements: 20% of films must have budgets of at least $50 million, and Paramount must acquire at least four independent films per year, with a minimum combined acquisition budget of $5 million.
Paramount reportedly settles U.S. states’ lawsuit, clearing way for $110 billion Warner Bros. merger
NewZimbabwe.com reports that Paramount must produce at least 30 films a year, with a certain percentage made in the U.S., or face penalties including selling parts of its business.