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Paramount's $1.5 Billion Deal: A Mixed Bag for Consumers and Work

The Paramount Deal: A Dubious Bargain for Consumers and Workers The news that Paramount has agreed to settle an antitrust lawsuit by investing $1.

5 billion in domestic movies and creating a board for editorial independence at CNN and CBS is being hailed as a victory for consumer protection and worker rights.

However, closer inspection reveals this deal may be more of a PR move than a genuine attempt to address concerns. Paramount currently produces only about 5% of its content domestically.

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