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Warner Bros. Discovery (NASDAQ:WBD) reported second quarter 2026 results on August 6, and the numbers landed while the company’s fate is tied up somewhere else entirely: a federal courtroom deciding whether its $31-per-share sale to Paramount Skydance can proceed. Anyone holding this stock right now is really holding two separate stories. Bull Case: A Deal […]

A federal judge has set a March 2027 trial date for the antitrust challenges to Paramount’s acquisition of Warner Bros. Discovery.

A California federal judge said Tuesday that the antitrust trial will begin March 2 with an expectation that it will run for 12 court days. The timeline the judge laid out in a written order is much later than the November 2026 start date Paramount had sought. The order will prove costly for Paramount.

(Bloomberg) -- Larry Ellison and his family would be on the hook for $9.8 billion if Paramount Skydance Corp.’s deal to buy Warner Bros. Discovery Inc. falls apart.Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeApple Set to Make Big Smart Home Push With Siri AI at CenterASML Slides on Report of China Starting DUV Tool ProductionParamount, which

Jul. 24—OLYMPIA — The Paramount Skydance planned merger with Warner Bros. has been halted as a federal judge considers whether the deal violates antitrust laws and unfairly reduces market competition. A lawyer representing the company wrote in a court filing Friday that the deal would not move forward until June 1, 2027 unless a federal judge rules on a case brought by Washington and 11 other ...

Paramount said Friday it will not move forward with its merger with Warner Bros. Discovery until legal challenges to the deal are resolved or June 1, 2027, whichever comes first. The concession is the latest blow to the $81 billion merger between entertainment giants Paramount and Warner, which is being challenged on antitrust grounds by 12 states and the Writers Guild of America, who argue the deal is anticompetitive. Paramount’s decision came after a California federal court had granted a temporary restraining order stopping the deal from closing in 28 days.

Investing.com -- Paramount said Friday it agreed to halt its $111 billion merger with Warner Bros. Discovery until June 1, 2027, or until a federal judge rules on a lawsuit filed by state attorneys general seeking to block the deal.

Federal judge pauses the merger as states seek an antitrust trial that could extend into next April.

A federal judge just froze David Ellison's dream of owning Hollywood's biggest studio, and the financial guarantee holding the deal together belongs to his father, whose personal fortune has been in freefall for months.

Federal judge pauses merger pending antitrust reviewThe proposed merger between Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) has encountered a significant legal hurdle after a US federal judge temporarily halted the transaction, casting uncertainty over a deal valued at approximately $100 billion.

On July 20, 2026, a California federal judge halted the $110 billion acquisition for at least 14 days, extending legal uncertainty around the merger.

A federal judge imposed a 14-day pause, with an Aug. 3 hearing set to review the merger challenge.

A federal judge has paused Paramount Skydance's takeover of Warner Bros. Discovery in response to a lawsuit last week from a dozen state attorneys general looking to block the deal on antitrust grounds.

The states seek an injunction that could delay the acquisition for months as a federal court weighs their antitrust challenge.

The antitrust lawsuit could delay the merger after federal approval and before Europe's July 22 decision.

Oil prices head north of $80 a barrel, Waller is watching inflation, Apple’s ties with Google likely to strengthen, and more news to start your day.

California and 11 other states have filed an antitrust lawsuit seeking to block Paramount Skydance's planned merger with Warner Bros. Discovery. The coalition of state attorneys general argues the deal could reduce competition and harm theaters, television distributors, and audiences. The legal action introduces a new hurdle for NasdaqGS:PSKY in addition to prior regulatory reviews at the federal level. Paramount Skydance, traded as NasdaqGS:PSKY, sits at the center of a consolidating media...

Several U.S. state attorneys general are preparing antitrust lawsuits to block Paramount’s proposed acquisition of Warner Bros. Discovery, according to recent reports. These state-level actions would follow federal review of the deal and could introduce additional delays or legal hurdles to completion. Separately, Warner Bros. Discovery announced a partnership with Amazon Web Services to develop AI-driven advertising technology. Warner Bros. Discovery, traded as NasdaqGS:WBD, is in focus as...

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The unprecedented federal clearance of the massive media merger transforms the entertainment sector and creates lucrative opportunities for modern investors.

U.S. Justice Department grants unconditional clearance for Paramount Skydance's acquisition of Warner Bros. Discovery. Approval removes a major federal antitrust hurdle, with no required divestitures or behavioral remedies. Deal still faces ongoing review from European regulators and possible legal challenges from state attorneys general. For investors watching NasdaqGS:PSKY, the unconditional clearance comes with the stock trading at $10.47. The company has seen mixed recent performance,...

The unconditional clearance removes the primary federal regulatory hurdle standing between the two media giants and what would be one of the largest media combinations in history. Politico's report was corroborated by Newsmax and Quiver Quantitative, each also citing people familiar with the matter, though an official DOJ press release had not been published as of this writing.