California AG tells CNBC that settling Paramount-WBD lawsuit would require 'robust structural remedies'

California AG tells CNBC that settling Paramount-WBD lawsuit would require 'robust structural remedies'

California AG Rob Bonta discussed the states' antitrust case to block the Paramount Skydance-Warner Bros. Discovery merger with CNBC's David Faber.

California’s Paramount Contradiction: Tax Credits for the Company It Is Suing

California has a peculiar way of doing business. Even as Attorney General Rob Bonta and a coalition of Democratic state attorneys general wage legal war to block Paramount’s $111 billion acquisition of Warner Bros. Discovery, the Golden State is handing the same company tens of millions in film and television tax credits to keep cameras rolling here. On August 10, the California Film Commission awarded Paramount Television Studios and CBS Studio…