A federal judge in California has ordered a temporary halt to Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, extending through August 17, 2026. A coalition of 12 states sued to block the merger, arguing it would harm competition and consumers.
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Paramount's bid still faces hurdles across the Atlantic after a federal judge in California ordered the companies to temporarily pause their merger this week.
Paramount-Warner Bros deal paused through August 17, judge rules Reuters
July 23 - Paramount Skydance must pause its $110 billion acquisition of Warner Bros. Discovery through August 17, a federal judge ruled on Thursday.
Paramount has asked for a three-day hearing in August to prove the deal bolsters competition.
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
Judge Extends Pause for Paramount-Warner Bros. Deal www.nytimes.com/2026/07/23/t... The court blocked the companies from closing the acquisition through mid-August, as a judge considers two lawsuits challenging it.
Paramount agrees to pause Warner Bros deal while case plays out Reuters
The delay, filed in court on Friday, can cost Paramount $1.7bn in fees if the deal is not closed by next June.