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Paramount Warner Bros Merger Fight· Day 12

Paramount Delays Deal

Paramount will pause its Warner Bros. buyout while a legal challenge plays out.

July 24, 2026 · Updated Jul 24, 8:31pm ET

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Pano rates the coverage Balanced.

What happened

Paramount Skydance agreed in a court filing to delay closing its roughly $111 billion Warner Bros. Discovery acquisition until five days after a merits ruling in pending antitrust litigation, or until June 1, 2027, whichever comes first. Twelve state attorneys general led by California’s Rob Bonta sued to block the deal on antitrust grounds. The agreement supersedes a temporary restraining order and removes the need for an immediate preliminary-injunction fight while the case moves toward trial. The Writers Guild of America has filed a separate legal challenge.

Paramount Warner Bros Merger Fight

Storyline →
  1. Aug 4Ellison Paramount-WBD DealBalanced
  2. Aug 4Paramount-WBD Trial SetBalanced
  3. Jul 24Paramount Delays Deal (this story)Balanced
  4. Jul 22Paramount Warner Bros DealBalanced
  5. Jul 20Paramount-Warner Bros. StalledBalanced

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