Paramount/WBD merger delayed for months as states’ lawsuit moves toward trial
Summary
Paramount and Warner Bros. Discovery have agreed to a months-long delay on their $111 billion merger while a group of states and the Writers Guild move toward trial. The stipulation blocks integration until five days after a merits ruling or June 1, 2027, whichever comes first, signaling an ongoing antitrust battle that could shape future media consolidation.