Regulators require Paramount to divest Miramax if the merged company fails to release 30+ films per year.
economy3 h ago
coda.news AI summary
- Gang of Four AGs negotiated term in Paramount’s union with Warner Bros
- Annual film commitment set at 30-plus films per year
- Divestiture would occur if Paramount cannot make up the shortfall
- Miramax is identified as the Par sister label to be potentially divested
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