Paramount-WBD merger pushed to 2027 amid antitrust battle
TL;DR Summary
Paramount’s planned $110 billion Paramount Skydance deal to acquire Warner Bros. Discovery is delayed as a coalition of states and the Writers Guild challenge the merger. Closing is now set for the earlier of a merits ruling or June 1, 2027, with a potential $7 million daily penalty if not closed by Sept. 30. An August 3 hearing will advance the case, and Paramount hopes a speedy trial could still allow the deal to close sooner, though sports-rights integration for CBS Sports and TNT Sports would likely be on hold.
- Paramount agrees to delay Warner Bros. Discovery acquisition Awful Announcing
- Paramount Skydance - Warner Bros. Transaction Update sag-aftra
- Why Paramount Paused Its Blockbuster $111 Billion Deal for Warner Bros. The New York Times
- Paramount-WBD Merger Opponents Cheer Legal Delay, Stocks Slide As Industry Absorbs Latest Plot Twist Deadline
- Paramount Skydance agrees to freeze its WBD mega-merger while the antitrust cases are decided Business Insider
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