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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.
ESPN chairman Jimmy Pitaro said most of the cuts stem from the network's acquisition of NFL Network, which closed in April
State attorneys general from a dozen states including California, New York and Washington filed a lawsuit to block Paramount Skydance's $110 billion takeover of Warner Bros. Discovery.
Today, June 16, 2026, investors are weighing how missed media deals and legal risks may reshape Netflix’s strategy.
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