Paramount antitrust settlement calls for at least $1.5 billion in added domestic film investment
California Attorney General Rob Bonta says the agreement includes court-enforceable guardrails and provides for significantly more films, with protections for competition and consumer choice.
TLDR
California Attorney General Rob Bonta announced a settlement with Paramount to resolve antitrust issues in his office’s case. He says it includes court-enforceable guardrails, significantly more films and at least $1.5 billion in additional domestic film production investment. Bonta says the agreement protects workers and jobs, citing consistent film output, domestic production and job protection as priorities his office heard from people affected by the merger.
