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Paramount agrees to delay Warner Bros. merger as court challenge proceeds

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Paramount agrees to delay Warner Bros. merger as court challenge proceeds
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Skydance-owned Paramount on Friday agreed to delay closing its $81 billion buyout of Warner Bros. Discovery well into next year, as a judge continues to consider a challenge from 12 states seeking to block the deal altogether. In a court filing, Paramount said it wouldn’t close the merger until five days “after the merits determination in these matters” or June 1, 2027.

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Global News publishes from Canada and files mainly under world. We currently carry 132 of its stories.

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Skydance-owned Paramount on Friday agreed to delay closing its $81 billion buyout of Warner Bros. Discovery well into next year, as a judge continues to consider a challenge from 12 states seeking to block the deal altogether. In a court filing, Paramount said it wouldn’t close the merger until five days “after the merits determination in these matters” or June 1, 2027. The move arrives just days after U.S. District Judge Araceli Martínez-Olguín granted a temporary restraining order requested by the states to freeze the transaction for several weeks. Get daily National news Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.

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