On Sunday, settlement talks between Paramount and the state attorneys general that sued to block its Warner Bros. Discovery deal continued — but there was no resolution by the end of the day.
\n\nBut while California Attorney General Rob Bonta, who is leading the 12-state coalition’s antitrust litigation, is said to be open to considering a set of conditions that would put certain restrictions on Paramount’s takeover of Warner Bros., at least two other AGs are pushing for stricter measures before they sign off on anything.
\n\nOver the weekend, the sides hashed out potential terms of a settlement. The sides were expected to put the negotiations on hiatus on Monday for the Yom Kippur holiday.
\n\nThe terms discussed were said to include Paramount agreeing to operate Warner Bros.’ studio operations separately for a time (something Paramount chief David Ellison already said he was willing to do). Also on the table was a mandate that the merged Paramount-Warner Bros. release at least 30 films theatrically per year (a promise Ellison has already made repeatedly), with financial penalties if the company fails to hit that mark.
\n\nIn addition, the two sides discussed a provision establishing a third-party “editorial adviser” to oversee CNN…
Original source: https://variety.com/