TV-Konzern: Paramount einig mit klagenden Bundesstaaten zu Warner-Kauf
Die Aktien von Warner Bros Discovery legten nach dem Bericht um fast zehn Prozent zu, die von Paramount notierten rund sieben Prozent im Plus.
The Hollywood entertainment conglomerate Paramount has overcome a major hurdle for the acquisition of rival Warner Brothers. Paramount reached an agreement with the U.S. states that were planning to block the $110 billion deal through legal action, according to California Attorney General Rob Bonta. The news outlet Bloomberg reported the agreement on Monday, citing an informed source.
The deal was finalized over the weekend and is expected to be announced later that day. Warner Bros Discovery's shares rose nearly 10% following the report, while Paramount's shares increased by about 7%. A coalition of twelve states led by California filed a lawsuit in July to block the merger, arguing that the consolidation would reduce competition in movie theater distribution and cable television channel licensing.
Under the terms of the agreement, the states secured the establishment of independent editorial boards for the networks CBS and CNN.
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