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Progressives are irate with California Attorney General Rob Bonta for allowing the Paramount-Warner Bros. mega-merger to move forward, despite having filed a lawsuit with 11 other blue state AGs to stop it.
Bloomberg reported Monday that the states agreed to a settlement with Paramount Skydance Corp. that will pave the way for a CNN takeover.
“Settlement talks came to fruition over the weekend after four states that had opposed terms of a deal outlined with California conceded,” Bloomberg reported. “The settlement, which is expected to be announced later today, paves the way for one of the largest mergers in Hollywood history.”
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