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US Court Temporarily Halts Paramount’s $110 Billion Warner Bros. Discovery Merger Over Antitrust Concerns
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US Court Temporarily Halts Paramount’s $110 Billion Warner Bros. Discovery Merger Over Antitrust Concerns

A US federal judge has temporarily blocked Paramount Skydance’s proposed $110 billion acquisition of Warner Bros. Discovery, putting a major Hollywood consolidation deal on hold amid growing concerns over competition in the American entertainment industry. The temporary order, issued by US District Judge Araceli Martínez-Olguín in Oakland, California, pauses the proposed transaction for 14 days....