Paramount, Skydance, and states settle to boost film investment and press independence
Paramount, Skydance, and twelve U.S. states reached an amicable accord to end litigation, pledging increased investments in film production and to support editorial independence for CNN and CBS News. The settlement includes a board of journalists to monitor the news organizations and disputes with management. The deal marks a resolution between the studios and state attorneys general over the long-running lawsuits.
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