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DeepNewz, mobile.
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CBS's parent Paramount has a merger pending. https://t.co/Xv1uusFUBi
Paramount must face some claims in a lawsuit from Warner Bros. Discovery accusing it of setting in motion a breach of a $500 million licensing deal for the exclusive rights to South Park, a court has ruled. https://t.co/zRZmVhCreE
A judge has shot down Paramount's efforts to wriggle out of the $200 million South Park lawsuit it's facing https://t.co/1HtFfkYNva
A New York Supreme Court judge has allowed Warner Bros. Discovery's (WBD) lawsuit against Paramount Global and MTV regarding the streaming rights of 'South Park' to proceed. This development follows WBD's recent victory in obtaining summary judgment on a motion related to discovery. Paramount is facing allegations of breaching a $500 million licensing deal for the exclusive rights to the animated series. The court has dismissed Paramount's attempts to evade a $200 million lawsuit linked to these claims, indicating that some aspects of the lawsuit will continue to trial. The case marks a significant escalation in the ongoing streaming rights battle between the two media companies.
