Paramount Skydance has agreed to halt its $110bn acquisition of Warner Bros Discovery until June 2027 or a court ruling on states' opposition to the deal.
The decision comes after California and 11 other states sued on July 13
Jul 25, 2026
10:02 am
What's the storyParamount Skydance has agreed to pause its $110 billion acquisition of Warner Bros. Discovery, until a court rules on a lawsuit filed by 12 US states challenging the deal or until June 1, 2027.
The decision comes after California and 11 other states sued on July 13, arguing that the merger would create a media giant capable of raising prices in film and television.
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Paramount Skydance has agreed to delay its planned acquisition of Warner Bros. Discovery until a court rules on a legal challenge…
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Twelve state attorneys general, led by California’s Rob Bonta, filed a sweeping lawsuit challenging the deal on antitrust grounds.
