BUSINESSWPLG LOCAL 10 MIAMI
Judge says Paramount and Warner must halt merger for at least two weeks, granting states' request
A federal judge ordered Paramount and Warner Bros. Discovery to halt their $81 billion merger for at least 14 days, granting 12 states led by California more time to challenge the deal. The states allege the merger would reduce competition in Hollywood, while Paramount argues it would strengthen competition against larger rivals. A preliminary injunction hearing is scheduled for August 3.
Mentioned
Related Signal
Adjacent reporting
- Judge says Paramount and Warner must halt merger for at least two weeks, granting states’ request
- Judge says Paramount and Warner must halt merger for at least two weeks, granting states' request
- Judge says Paramount and Warner must halt merger for at least two weeks, granting states' request
- Judge says Paramount and Warner must halt merger for at least 2 weeks, granting states' request
- Judge orders Paramount and Warner merger to halt for 2 weeks, granting states' request
- Judge says Paramount and Warner must halt merger for at least 2 weeks, granting states' request