Paramount May Settle With States Over Warner Bros. Deal This Weekend, Sources Say
A settlement could help Paramount avoid paying millions of dollars in fees to Warner Bros. shareholders, according to a Reuters report.
Paramount could reach a settlement with several U.S. states as soon as this weekend over issues related to its dealings with Warner Bros., according to sources cited by Reuters.
The report, relayed by CNBC, states that a settlement this week could help Paramount avoid paying millions of dollars in fees to Warner Bros. shareholders.
Details on the specific states involved, the nature of the dispute, and the terms of any potential settlement were not disclosed in the available reporting. Reuters cited unnamed sources for the information.
Paramount and Warner Bros. have not publicly confirmed the reported settlement talks. CNBC's report did not include statements from either company regarding the matter.
Further details on the negotiations and their outcome are expected to emerge as the situation develops.
Sources
- Paramount could settle with states over Warner Bros. as soon as this weekend, sources say — CNBC — Top News
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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