Paramount-Skydance Warner Bros. Deal Hits Prolonged Antitrust Hurdles

1 min read
Source: Los Angeles Times
Paramount-Skydance Warner Bros. Deal Hits Prolonged Antitrust Hurdles
Photo: Los Angeles Times
TL;DR Summary

Paramount Skydance's $111‑billion bid for Warner Bros. Discovery has stalled amid a multistate antitrust lawsuit that argues the merger would curb competition in theaters and cable, prompting a delay likely into 2027, mounting legal costs and uncertainty over the fate of assets like CNN under Ellison control.

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