Free Streamer Pluto TV Gets a Lifeline in Paramount-Warner Bros. Consent Decree

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AI Fusion Summary

Paramount Skydance has secured a settlement to finalize its $110 billion acquisition of Warner Bros. Discovery, ending legal battles with a California-led group of states and the Writers Guild of America. The deal concentrates power across Hollywood's film, TV, and news sectors. Under a consent decree, the combined company must maintain Pluto TV for five years and adhere to film quotas and news oversight. This merger avoids the forced sale of cable assets like CNN.
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