Pluto TV Protected in Paramount-WBD Settlement, BET/Comedy Central Divestiture Flagged

A state AG settlement over the Paramount-Warner Bros. Discovery merger preserves Pluto TV for five years and outlines divestiture targets (BET, VH1, and Comedy Central) if Paramount cannot maintain arm’s-length basic cable deals; MTV and Nickelodeon stay protected. The agreement centers on cable and streaming negotiations, includes a monitor and state committee to enforce compliance, and notes that premium channels and studios are largely unaffected by the divestiture provisions.