Paramount-Warner Bros. Deal Temporarily Paused by Federal Judge
A federal judge temporarily paused Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery with a 14-day restraining order, finding the deal likely violates antitrust law. Twelve state attorneys general led by California's Rob Bonta sued, arguing the merger would reduce competition in theatrical film distribution and basic cable licensing; Paramount called the deal lawful and pro-competitive.
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