Paramount settles US states lawsuit, clearing path for Warner Bros merger

Paramount has successfully resolved its legal hurdles and settled lawsuits with US states and a union regarding its massive Warner Bros merger by agreeing to produce 30 films annually, avoiding daily fees and clearing the final path for the merger.

• Paramount settled with US states and a union.
• The settlement avoids daily fees tied to the Warner Bros merger closing deadline.
• The settlement paves the way for an $110 billion merger with Warner Bros.
• Paramount agreed to produce 30 films a year to avoid selling off company parts.