CNN

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.

Paramount Global reached a settlement with 12 U.S. state attorneys general to clear the way for its Warner Bros. Discovery merger. The agreement concerns lawsuits challenging the $81 billion deal and is described as clearing obstacles to the merger. Coverage notes market reactions and the settlement’s potential impact on jobs and monitoring.