Paramount and states seeking to block its $110 billion acquisition of Warner Bros. could settle as soon as this weekend, with independent content monitoring of CNN among the terms under discussion, sources familiar with the matter told Reuters on Friday. The sources said a commitment on the number of theatrical releases is also among the terms being discussed as part of a settlement. Paramount's shares rose nearly 7% after markets closed. Warner Bros. Discovery shares were up 8.4% in after-market trading. The case brought by California and 11 other states is one of the final hurdles to Paramount's bid to become a major rival of Netflix and Walt Disney .
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