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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 Skydance has formally agreed to delay its acquisition of Warner Bros. Discovery until at least June 2027.

Paramount Skydance on Friday said it would delay the deal until as late as June 2027.

Paramount Skydance agreed on Friday to delay its $110 billion merger with Warner Bros.Paramount agreed to delay the deal through June 2027, the company said in a court filing on Friday.

Paramount Skydance agreed to postpone closing its merger with Warner Bros. Discovery until five days after a state antitrust case opposing the deal is resolved or until June 2027, when its merger agreement expires.

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.

According to a court filing from Friday, the companies have agreed to pause the transaction until five days after the court issues a final decision on the merger, or until June 1, 2027.

By Jody Godoy July 24 (Reuters) - Paramount Skydance has agreed to pause its $110 billion acquisition of Warner Bros.

Paramount Skydance has agreed to freeze its merger with rival entertainment conglomerate Warner Bros.

Commitment to terminate its stake in European distribution venture with Universal Pictures eased regulators’ concerns.

Paramount’s $81 billion bid to buy Warner Bros. Discovery was approved by the European Union on Wednesday after the companies offered concessions. In order to ease regulators’ concerns, Paramount offered commitments including that it would terminate its stake in United International Pictures in the European Economic Area within 13 months from the deal’s closing.

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

Warner Bros. Discovery will release its second-quarter earnings soon, and analysts anticipate a triple-digit profit dip.

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.

The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.

Last week, a coalition of 12 attorneys general filed a lawsuit that challenges the $110 billion acquisition, arguing that the deal.

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.

A 14-day restraining order halts a deal that would combine two of Hollywood's five major film studios and cable programmers

The 14-day restraining order prohibits the companies from closing the deal as a dozen states challenge it.

By Jody Godoy and Dawn Chmielewski July 20 (Reuters) - A coalition of states led by California won a pause of Paramount's $110 billion acquisition of Warner Bros.

A coalition of 12 U. S. states has launched an antitrust challenge against the proposed $110 billion merger between Paramount Skydance and Warner Bros.

Analysts say Netflix is losing control of its own story, and a single line buried in Friday's earnings report about future disclosures is making Wall Street more nervous than the guidance miss itself.

(Bloomberg) -- Netflix Inc. forecast a second consecutive quarter of slowing sales growth, contributing to investor anxiety about the streaming giant’s future. The company projected revenue of $12.9 billion in the current quarter and earnings of 82 cents a share, both a little shy of analysts’ expectations. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthGoogle Gemini Launch Delayed as Tech Falls

The company said it would begin to release its viewership report annually, rather than twice a year.

With the stock out of favor, investors are focused on slowing sales growth, but they may be missing the more powerful story of how efficiently Netflix is compounding profit per share.

A coalition of 12 state attorneys general, led by California, has filed an antitrust lawsuit to block the proposed Paramount, Skydance, and Warner Bros. Discovery (NasdaqGS:WBD) merger valued at about US$110b. The states have also submitted emergency motions seeking a temporary restraining order, prompting immediate court hearings and a likely pause to the transaction. The filings allege threats to competition and consumer harm, as well as concerns about market concentration and special...