Court Delays Paramount-WBD Merger Approval as Coalition Challenges State Settlement
Judge Araceli Martínez-Olguín has delayed final approval of the Paramount-Warner Bros. Discovery merger settlement, granting third-party groups time to file objections. The Block the Merger coalition and other organizations argue the agreement with 12 state attorneys general fails to protect competition and independent journalism. Paramount faces potential financial penalties if the deal does not close by October 1, while the court weighs these challenges against the previously agreed consent decree.
