Paramount/WBD merger delayed for months as states' lawsuit moves toward trial
The $111 billion merger between Paramount and Warner Bros. Discovery has been delayed until at least June 2027 due to a lawsuit filed by several states. The delay allows for a court trial to determine if the merger violates competition laws.
Why it matters
This legal battle represents a significant test for antitrust enforcement in the media and entertainment industry.
Merger halted Paramount/WBD merger delayed for months as states’ lawsuit moves toward trial “Halting this merger while our case proceeds is a critical victory,” NY AG said.
12 Paramount logo displayed on a water tower in Los Angeles, California on February 17, 2026. Credit: Getty Images | NurPhoto Paramount logo displayed on a water tower in Los Angeles, California on February 17, 2026. Credit: Getty Images | NurPhoto Text settings Story text Size Small Standard Large Width * Standard Wide Links Standard Orange * Subscribers only Learn more Minimize to nav Paramount Skydance agreed to a longer-term delay of its $111 billion acquisition of Warner Bros. Discovery, preventing the companies from combining until after a judge rules on the merits of a case in which a dozen states challenged the legality of the merger.
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