Emergency Pod: Paramount Settles—and Bonta Caves

Matt is joined by Bloomberg's Lucas Shaw to discuss Paramount settling its lawsuit with a group of states led by California Attorney General Rob Bonta, paving the way for Paramount Skydance to acquire Warner Bros. Discovery. They dig into the details of the deal, including the concessions (or lack thereof) made by Paramount, who really had leverage in this negotiation, David Ellison’s next move, how the industry is reacting, other winners and losers of the settlement, and more (00:00). Host: Matt Belloni Guest: Lucas Shaw Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez Theme Song: Devon Renaldo