REPORT: Paramount to Settle Lawsuits, Paving Way for Warner Bros. Merger.

● Paramount Skydance Corp. has reached a settlement with California and other states suing to block its proposed acquisition of Warner Bros. Discovery Inc.

● The settlement includes terms such as independent editorial boards for CBS and CNN, and a financial penalty if the company fails to distribute 30 films per year in theaters.

● The agreement would spare Paramount from having to pay late fees to Warner Bros. and paves the way for one of the largest mergers in Hollywood history.

“Independent editorial boards for CBS and CNN?” Jeff Bezos smiles: Bezos told Trump the Washington Post was his worst investment before slashing staff: ‘People there are terrible.’