US Judge Temporarily Halts Paramount-Warner Bros Merger Amid Antitrust Scrutiny
A federal judge in California temporarily suspends the $110 billion Paramount-Warner Bros merger, citing antitrust concerns raised by multiple states.
POLICY WIRE — City, Country — A federal judge in California ordered Paramount Skydance and Warner Bros Discovery to temporarily halt their proposed merger on Monday. The injunction comes as multiple states challenge the $110 billion deal on antitrust grounds.
The companies are prohibited from closing the transaction for 14 days. Another hearing is scheduled for August 3 to consider a preliminary injunction, which would prevent the merger from proceeding until a final decision is reached.
The states involved in the case have raised “serious concerns” about the merger’s impact on competition in the media industry. The judge’s order aims to ensure that these concerns are thoroughly reviewed before any final decision is made.
Reporting by Policy-Wire (PW)


