cinemaSource: VarietyPublished
Warner Bros. Merger Postponed Amid Antitrust Concerns
cinema · VarietyA deal between Paramount and Warner Bros. Discovery has been put on hold until after an antitrust trial. The $111 billion transaction has faced opposition from state attorneys general.
At a glance
- The merger will not close until after a trial or June 1, 2027, whichever is earlier.
- Paramount has agreed to a joint stipulation with the coalition of state attorneys general.
- The company claims the agreement is a significant win, allowing for a direct path to a trial based on evidence.