In TrendsStock MarketNifty OutlookCrude Oil PricesGold and SilverNPS SwasthyaMoneyview IPODow JonesParamount Skydance wins legal battle over $110 billion Warner Bros acquisitionThe settlement marks a major win for Paramount CEO David Ellison, who battled the states for months to finalize a deal that would dramatically concentrate power across Hollywood’s film, TV, streaming and news businesses.By Reuters September 22, 2026, 8:47:47 AM IST (Published)Paramount Skydance emerged victorious on Monday (September 21) from a legal battle over its $110 billion acquisition of Warner Bros Discovery after settling with a California-led group of US states and a Hollywood writers union, paving the way for one of the largest media mergers in history.The settlement marks a major win for Paramount CEO David Ellison, who battled the states for months to finalize a deal that would dramatically concentrate power across Hollywood’s film, TV, streaming and news businesses.Paramount agreed to abide by temporary film quotas and a news oversight committee, avoiding a forced sale of cable assets such as CNN or any of its lucrative film franchises.The settlement delighted Warner Bros shareholders, but drew criticism from opponents of the merger who say it will hurt Hollywood jobs. Shares of Paramount pared back earlier gains on Monday, while…
Original source: https://www.cnbctv18.com/entertainment/
