DOJ official downplays state AGs’ Paramount-WBD settlement terms
Deadline’s Ted Johnson reports that associate attorney general Stanley Woodward minimized the concessions state AGs won in their settlement blocking the Paramount-Warner Bros Discovery merger, saying the only antitrust provisions require Paramount honor commitments it had already made.
Why it matters. The federal-state split gives Paramount an argument to treat the consent decree’s behavioral conditions as optional rather than binding once the merger closes.
Signal from deadline.com · Ted Johnson · read the original.
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