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Judge pauses the controversial Paramount-Warner Bros. merger for two weeks
A judge has paused the Paramount / Warner Bros. deal to review a multi-state lawsuit.
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World · BBC NewsMerger deal between Paramount and Warner Bros paused by judge
US court temporarily stops Paramount and Warner Bros merging after 12 states launched legal action.Read original ↗
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Twelve states, led by California, sued to block Paramount’s pending buyout of Warner last week, alleging that such a combination would 'extinguish competition' in Hollywood.Read original ↗
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Paramount's owners were hoping they'd be firmly in control of rival Warner Bros. Discovery by the end of this week. Monday's temporary restraining order puts that plan on hold.Read original ↗
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Judge grants restraining order, saying merger "likely to violate antitrust laws."Read original ↗
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