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Here Is What Paramount Agreed to in Order to Settle Its Lawsuit with California, Including Limitations on CNN
The settlement requires five journalists to police fairness, bias and editorial independence for U.S.-intended news content.
- Paramount reached a settlement on Monday with 12 state attorneys general clearing its $110 billion acquisition of Warner Bros. Discovery, establishing an Editorial Independence Board to oversee CNN and CBS News.
- Connecticut Attorney General William Tong demanded full divestiture of CNN and CBS News, with negotiations intensifying after President Donald Trump barred CNN and other journalists from the White House on Friday.
- The five-member board must establish editorial principles within 180 days, while the settlement mandates $300 million in annual U.S. film production increases and at least 30 theatrical movie releases.
- Paramount CEO David Ellison expects the merger to close in approximately two weeks, though Massachusetts Democrat Sen. Elizabeth Warren criticized the agreement as an "anti-monopoly disaster" on Monday.
- Freedom of the Press Foundation's Seth Stern called the oversight board "worthless," while the settlement requires Paramount and Warner Bros. basic cable channels to negotiate separately with distributors for five years.
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Coverage Details
Total News Sources20
Leaning Left5Leaning Right3Center5Last UpdatedBias Distribution39% Left, 38% Center
Bias Distribution
- 39% of the sources lean Left, 38% of the sources are Center
39% Left
L 39%
C 38%
R 23%
Factuality
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