STOCKS | Paramount Skydance Settlement Talks Include California Stay Pledge

According to Wallstreetcn, settlement talks between Paramount Skydance and California officials include a pledge by the company to remain in California, while other terms under discussion include setting up an editorial committee to oversee CNN, Paramount releasing 30 films in theaters each year, and selling some cable channels. Any settlement would likely need the support of all 12 Democratic states that filed suit to block the merger, as well as the writers' union.