Here is a concession no one really asked for — the settlement of state attorneys generals’ anti-trust lawsuit over the proposed Paramount-Warner Bros. Discovery merger includes a provision ensuring that Paramount will keep Pluto TV or another free, ad-supported streaming service for the next five years.
While Pluto TV is protected, the settlement spells out which cable brands Paramount will have to divest if it fails to keep carriage negotiations for the Paramount and Warner Bros. basic cable networks at arm’s length. The list includes two Par nets that already had been put on the block twice, BET (and its
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