Paramount Calls Shareholder Suit Vs Ellisons, Board Recycled Allegations, Says No Commitments Made On News Coverage While Pursuing WBD

UPDATE with Paramount statement: Paramount is pushing back on a recently filed shareholder lawsuit, saying it “recycles allegations that have already been reported and already addressed.” “As we’ve said consistently: no commitments from either David or Larry Ellison have been made to any government body, State AG, or federal agency regarding the future of CNN […]