
Paramount Skydance has agreed to delay its merger with Warner Brothers Discovery while a lawsuit brought by multiple US states moves forward, the company said in a court filing on Friday.
July 24, 2026

California Attorney General Rob Bonta hails the temporary restraining order as "a critical first win in our case to ensure this megamerger never sees the light of day."
July 20, 2026

US clears Paramount's $111 bn Warner Bros. takeover
June 12, 2026

The agreement ends a five-month bidding saga and creates an entertainment behemoth whose impact on a struggling media landscape — and connections to Donald Trump's White House — will be closely scrutinized.
February 27, 2026
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The deal puts a constellation of media properties — from CNN to Nickelodeon to HBO — under the control of the family led by Oracle tycoon and White House ally Larry Ellison.
February 27, 2026

Warner Bros. Discovery rejected Paramount’s hostile bid, backing Netflix’s $83 billion merger as offering greater certainty and value. Paramount countered with a $108 billion cash offer, amid political scrutiny over CNN’s future ownership and influence.
December 17, 2025