Paramount Settlement Lacks Structural Remedies, Ex-FCC Nominee Sohn Says
The agreement adds production, news independence and theater protections, including at least $300 million a year for domestic TV and film production.
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4 Articles
Cinema United: Paramount-WB Deal Checks "Many" Of Exhibitors' Boxes
Movie theater trade association Cinema United, who was an opponent of a Warner Bros Discovery acquisition from the onset, released a statement this morning, commending the four AGs work on settling with Paramount. “The consent decree includes language on increased film production for five years, meaningful theatrical exclusivity and wide distribution, prohibitions on cost increases, […]
Paramount settlement lacks structural remedies, ex-FCC nominee Sohn says
Gigi Beth Sohn, who was nominated for a commissioner spot with the Federal Communications Commission, appears at a U.S. Senate hearing. (Graphic by The Desk) Former Federal Communications Commission (FCC) nominee Gigi Sohn this week criticized California’s settlement with Paramount over its acquisition of Warner Bros Discovery (WBD), saying the agreement relies too heavily on behavioral promises and does not require the combined company to give …
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