
Paramount Skydance (PSKY) has agreed to settle a multistate antitrust lawsuit involving its proposed
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Paramount Skydance (PSKY) has agreed to settle a multistate antitrust lawsuit involving its proposed

Paramount is poised to close its $111bn (£83bn) takeover of Warner Bros after settling a legal challenge to block the deal.
The primary reason for the 12-state lawsuit is that a Paramount-WBD combination would curb entertainment content and distribution, putting the TV/movie marketplace into fewer hands. What's the fallout?
This deal could seriously harm movie theatres.
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