The deal would remove the last significant hurdle the media mogul David Ellison faced to create a news and entertainment empire, home to movie studios, HBO, CBS and CNN.
Paramount said the deal was necessary, in part, to create a counterweight to increasingly powerful tech companies like Netflix that were muscling in on Hollywood.
The deal would remove the last significant hurdle the media mogul David Ellison faced to create a news and entertainment empire, home to movie studios, HBO, CBS and CNN.
Paramount said the deal was necessary, in part, to create a counterweight to increasingly powerful tech companies like Netflix that were muscling in on Hollywood.
Seeking to settle a lawsuit with 12 states, Paramount has discussed measures to protect the editorial independence of CNN and the divestiture of Comedy Central.
Gov. Gavin Newsom ordered the state to develop recommendations on safety measures, including requiring companies to build a “kill switch,” amid mounting concerns.
“We’re going to speed up our work on substantial and responsible A.I. oversight before it’s too late,” Gov. Gavin Newsom of California said in a news release.
The measures, which fall short of a breakup demanded by the government, effectively ensure that the tech titan’s business will continue largely unscathed.
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