Antitrust Trial Over Paramount-Warner Merger Set for March
The states’ antitrust case could delay the $108.4 billion takeover until June 2027, even after federal and European approvals.
- A coalition of state attorneys general sued to block Paramount Skydance's $108.4 billion acquisition of Warner Bros. Discovery, with Judge Araceli Martínez-Olguín scheduling a 12-court-day antitrust trial beginning Tuesday, March 2, 2027.
- Paramount initially planned to close the deal by September 30th, but the lawsuit forced the companies to delay finalization to as late as June 2027, creating mounting financial pressure through an approximate $7 million daily 'ticking fee.'
- On Tuesday, Paramount reported $6.91 billion in second-quarter revenue and raised full-year 2026 adjusted earnings guidance to $3.8 billion to $3.9 billion, while Paramount+ added 2 million subscribers to reach 81.6 million total.
- CEO David Ellison reiterated confidence in the merger Tuesday, stating the combined company will be 'better positioned to compete with companies like Netflix' and benefit consumers, creators, and theater exhibitors despite the trial delay.
- Although the Department of Justice and regulators in 24 jurisdictions cleared the transaction, state-level opposition remains the primary obstacle, with pretrial deadlines set for August 13, 2026 and a final conference scheduled for February 24, 2027.
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RECIT - An unpredictable trial, which will begin in March, has come to freeze the process that was to be completed in September. The marriage is postponed to June 2027, if everything goes well...
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Staggering daily sum Paramount will have to pay in its antitrust battle to buy Warner Bros. revealed
The $110 billion deal price for Warner Bros. Discovery should come with an asterisk now, as it’s virtually a given that Paramount will have to add at least another $1 billion to that giant sum.
Paramount details plan to cover $1B+ fees amid merger delay
Paramount has laid out a clearer picture of how it plans to cover more than $1 billion in extra costs linked to the delayed merger process with Warner Bros. Discovery. The update came alongside its latest earnings discussion, where executives tried to calm investor concerns around the growing financial burden. With the court pushing the antitrust trial into March 2027, those costs are no longer a short-term issue but something the company must a…
A judge in California has ruled that the lawsuit regarding the question of whether the $110 billion acquisition of entertainment company Warner Bros by…
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