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Paramount Skydance and Warner Bros. Discovery have delayed their proposed $110 billion merger until at least June 2027 amid a multistate antitrust lawsuit. The lawsuit, led by California Attorney General Rob Bonta, claims the merger would harm competition in the media sector. Both companies aim to prepare their case in court while the lawsuit proceeds.
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Paramount Skydance and Warner Bros. Discovery have delayed their proposed $110 billion merger until at least June 2027 amid a multistate antitrust lawsuit. The lawsuit, led by California Attorney General Rob Bonta, claims the merger would harm competition in the media sector. Both companies aim to prepare their case in court while the lawsuit proceeds.
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