Paramount agreed to delay its Warner Bros. Discovery acquisition until at least 2027. This postponement follows a court order pausing the merger process. A coalition of states filed a lawsuit seeking to block the proposed deal. They argue the merger would substantially lessen competition in Hollywood. Paramount views this as a win, allowing a trial based on evidence. Paramount agreed to delay its Warner Bros. Discovery acquisition until at least 2027. This postponement follows a court order pausing the merger process. A coalition of states filed a lawsuit seeking to block the proposed deal. They argue the merger would substantially lessen competition in Hollywood. Paramount views this as a win, allowing a trial based on evidence.
Trending
- CWG: Jhandu Kumar wins India’s first medal; day 2 brings mixed results in Glasgow
- SC agrees to hear PIL against police excesses on Monday
- Paramount delays $81 billion Warner buyout amid legal challenge from 12 states
- ICC chief prosecutor removed from post over sexual misconduct allegations
- UK PM picks three new Indian-origin MPs from 2024 intake to join front bench
- Quote of the day by Singapore’s founding father Lee Kuan Yew: ‘I do not yet know of a man who became a leader as a result of having undergone a leadership course’
- How LeBron James sacrificed $50m to chase one final NBA dream
- Quote of the day by Michael Faraday: ‘There’s nothing quite as frightening as someone who knows…’
