The Paramount settlement was a big win for David Ellison and a pretty underwhelming result for California Attorney General Rob Bonta, according to Bloomberg's @Lucas Shaw. "[David Ellison] was looking at months of uncertainty. This trial wasn't going to start until next year. If that had happened, he was going to owe hundreds of millions, if not billions of dollars to this ticking fee that he had in the deal between Paramount Skydance and Warner Bros. Discovery." "Instead, he mostly agrees to do things he's already said he was going to do. Release 30 movies a year in theaters. Only 20 of them have to be wide releases. There's a commitment to make a certain amount of movies and television in this country. But again, I think he was going to do that stuff anyways." "It doesn't seem like Rob Bonta, any of the attorneys general who are involved in the suit, or the Writers Guild got some big win." "They were calling for structural changes, which would have meant selling something, and there is nothing being sold." ▻
published
The Paramount settlement was a big win for David Ellison and a pretty underwhelming result for California Attorney General Rob Bonta, according to Bloomberg's @Lucas Shaw. "[David Ellison] was looking at months of uncertainty. This trial wasn't going to start
Open the original public source →
Latest documented BWB result
$APP market result
Exit $APP Sold Puts for a nice profit and then sold more Puts - this time the $325's for $3.97
Historical results are not a promise of future performance. Trading involves substantial risk.This public post is a timestamped information archive, not personalized financial advice. Alerts can change as markets move. Join Billy's private group for the complete daily stream and follow-through.
