Settlement requires Paramount to keep both studio lots operating
1Sep 21 · 5d ago · 1 article · 1 source · development 1 of 2
Among the settlement's conditions, the company must maintain both the Paramount and Warner Bros. lots open and operational, described as one of the most visible wins for Hollywood.
“The settlement might not give the entertainment industry all it hoped for but it was "a fight worth fighting,"”
George Hay, Cornell Law School professor, former DOJ Antitrust Division attorney · memeorandum ↗
Rob BontaCalifornia Attorney GeneralDavid EllisonParamount Skydance CEOGeorge HayCornell Law School professor, former DOJ Antitrust Division attorneyWilliam KovacicGeorge Washington University law professor, former FTC chair
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