NEW DELHI: Paramount has agreed to postpone the completion of its proposed $81 billion acquisition of Warner Bros. Discovery until at least next year, giving a US federal court more time to decide a lawsuit filed by a coalition of states seeking to stop the deal.

A group of state attorneys general have challenged the merger in a lawsuit, alleging it would drastically reduce competition and harm consumers.

A group of state attorneys general have challenged the merger in a lawsuit, alleging it would drastically reduce competition and harm consumers.