Paramount Settlement Triggers WBD Breakout. How It Compares To Past Media Mergers.

Paramount Skydance CEO David Ellison has at long last gotten his prize. After fighting off Netflix in a bidding war and state attorneys general in an antitrust lawsuit, the path is finally clear for Paramount to close its acquisition of Warner Bros. Discovery. On Monday, Paramount settled an antitrust lawsuit led by California Attorney General Rob Bonta that also included…