A judge on Friday heard arguments on the states' bid to pause the Paramount-Warner Bros. Discovery merger, but did not issue a ruling.

Executives involved in the pending Paramount–Warner Bros. Discovery deal expect that a judge will hit pause on the takeover plan in the coming days.

A handful of Paramount+ subscribers failed to win an injunction blocking the Warner Bros. Discovery merger.

California and eleven states secured a pause on Paramount's acquisition of Warner Bros. Discovery. They argued the massive media merger would harm competition and raise prices. …