WBD Hearing Date Set For Proposed AGs Settlement
Key Points:
- A federal judge has scheduled a hearing for Thursday at 11 a.m. PT via Zoom to discuss the proposed settlement between state attorneys general and Paramount-Warner Bros Discovery.
- The hearing will focus on clarifying factual and legal issues related to the parties' proposed consent decree and its implementation.
- The settlement includes Paramount's commitment to release at least 30 movies annually and establish an independent board to oversee journalistic standards at CNN and CBS News.
- The judge canceled a previously scheduled hearing on whether the state attorneys general must post a bond during the litigation.
- A decision on dismissing the Writers Guild of America lawsuit against the merger will be made later, following the WGA's reported settlement with Paramount.