Paramount Delays Warner Bros. Discovery Merger Amid 12 State Lawsuit The latest development in the contentious Paramount Warner Bros.
Discovery merger may come as a surprise to some, but it's a welcome reprieve for those who've been sounding the alarm about the deal's potential anticompetitive implications.
Twelve states have filed lawsuits against the $110 billion merger, with New Jersey Attorney General Jennifer Davenport hailing Paramount's decision to delay the deal until June 2027 as an "enormous win.