A federal judge in California on Monday temporarily blocked Paramount Skydance and Warner Bros. Discovery from completing their proposed $110 billion merger, granting a 14-day restraining order as a multistate antitrust lawsuit challenging the deal moves forward.

A California judge granted a temporary restraining order on the Paramount-WBD deal after state AGs cited "compelling evidence" of market concentration. A $650M/quarter ticking fee…

A judge on Monday granted a temporary restraining order pausing the Paramount-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. …

A federal judge on Monday ordered Paramount and Warner Bros