Paramount Skydance has secured a settlement with 12 US states that attempted to block its $110billion (£80billion) takeover of rival film studio Warner Bros Discovery.
Bosses at Paramount, whose hits include The Godfather, Titanic and Top Gun, agreed a number of concessions with opponents led by California as it cleared one of the last big hurdles to a deal that will reshape Hollywood.
Warner Bros is being bought by rival Paramount
The settlement includes the creation of independent editorial boards for CNN, which is owned by Warner Bros, and Paramount’s own television network CBS.
Paramount – which saw
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