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THEFEDERALIST (Chris Bray) - The Consent Decree Between Paramount And California Is Insane

Who decides how much product a corporation should produce? California's top prosecutor.

NYTIMES (David McCabe, Benjamin Mullin and Shawn Hubler) - How Paramount Won Warner Bros.

Inside the settlement talks between the media mogul David Ellison and the coalition of states seeking to block his $111 billion deal.

NYTIMES (Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe and Sri Muppidi) - What’s Next for Paramount

Hollywood watchers believe the studio prevailed over states seeking to block its deal for Warner Bros. Discovery. It’s now free to reshape the media industry.

NYTIMES (Brooks Barnes) - The ‘Kid’ Takes Over: David Ellison Becomes a Hollywood Colossus

With Paramount and Warner Bros. under his control, Mr. Ellison will be “the Hollywood equivalent of Superman, Caesar and Midas combined.” But challenges remain.

REDSTATE (Ward Clark) - That's All, Folks! Paramount/Warner Brothers Merger Now a Go

The much-discussed merger of two Tinseltown giants, Paramount Skydance and Warner Bros. Discovery will now be moving forward, with the settlement of an antitrust lawsuit. The deal's negotiations involved the companies and several state attorney generals, and the cost of the acquisition by Paramount is an eye-popping $111 billion, but now it's moving ahead.