financetom
Business
financetom
/
Business
/
McDonald's, Entertainment Studios Network Reach Confidential Settlement
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
McDonald's, Entertainment Studios Network Reach Confidential Settlement
Jun 13, 2025 11:25 AM

02:11 PM EDT, 06/13/2025 (MT Newswires) -- McDonald's (MCD) and Entertainment Studios Network/The Weather Group reached a confidential commercial agreement to settle pending litigation.

As part of the settlement, Entertainment Studios Network will dismiss its lawsuit against McDonald's in US District Court.

Under the agreement, McDonald's is not admitting wrongdoing and will continue buying advertising from Entertainment Studios Network "in a manner that aligns with its advertising strategy and commercial objectives," the fast-food company said Friday in a statement.

Advertisements will be priced at market value, the company said.

"We acknowledge McDonald's commitment to investing in Black-owned media properties and increasing access to opportunity," ESN said in the statement. "Our differences are behind us, and we look forward to working together."

Price: 302.90, Change: -0.27, Percent Change: -0.09

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Barrick asks World Bank court to intervene in Mali proceedings
Barrick asks World Bank court to intervene in Mali proceedings
May 29, 2025
* Barrick seeks World Bank court intervention to prevent Mali mine takeover * Mali's new mining code challenges foreign companies * Barrick claims Mali moved goal posts on investment terms By Divya Rajagopal TORONTO, May 29 (Reuters) - Barrick Mining ( B ) has asked the arbitration tribunal of the World Bank to intervene in legal proceedings in Mali, as...
CVS, Express Scripts sue to block Arkansas law barring PBM ownership of pharmacies
CVS, Express Scripts sue to block Arkansas law barring PBM ownership of pharmacies
May 29, 2025
* Companies say law is unconstitutional * Lawsuits seek to block enforcement * PBMs have faced scrutiny in multiple states (Updates to include CVS lawsuit in paragraph 1, additional information) By Diana Novak Jones CHICAGO, May 29 (Reuters) - CVS and Express Scripts filed lawsuits on Thursday seeking to overturn an Arkansas state law set to go into effect next...
Without Musk, DOGE likely to fizzle out, says ex-staffer
Without Musk, DOGE likely to fizzle out, says ex-staffer
May 29, 2025
* DOGE's future uncertain without Musk's leadership, says ex-staffer * Ex-staffer Lavingia describes unclear objectives at DOGE * DOGE says cost-cutting efforts saved $175 billion, but figures are disputed By Alexandra Ulmer May 29 (Reuters) - Without billionaire Elon Musk in the Trump administration, his cost-cutting Department of Government Efficiency project is likely to sputter out, a former DOGE staffer...
Meyer Burger closes US solar panel factory in Arizona
Meyer Burger closes US solar panel factory in Arizona
May 29, 2025
May 29 (Reuters) - Solar panel maker Meyer Burger shut down a U.S. factory in Arizona due to financial troubles, cutting all 282 employees, the Swiss company said on Thursday. The closure is a setback for solar industry efforts to build a domestic supply chain and reduce its reliance on China, the world's top solar panel manufacturer. Meyer Burger announced...
Copyright 2023-2025 - www.financetom.com All Rights Reserved