28-07-2026 18:15 via msn.com

Why Did Paramount Agree To Delay Its Warner Deal?

With a $7 million-per-day ticking fee that kicks in starting Oct. 1 — which would cost Paramount $650 million a quarter — why would Paramount agree to such a delay? The key lies in the nine words preceding the June 1 target date: “until five days after the outcome in a trial.” – The Wrap (MSN)
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