Among the top-line items: Paramount has committed to not sell the Paramount Studios or Warner Bros. lots in California for at least five years. That comes after Paramount Skydance chief David Ellison had threatened to pull up stakes from the Golden State if he couldn’t close the WBD deal by Oct. 1. Under the terms of the proposed settlement, Paramount will invest at least an additional $300 million on film production in the U.S. annually — for a total of $1.5 billion over five years
