A Judge Refuses To Block Paramount's Bid to Buy Warner Bros. Discovery
The ruling leaves a $110 billion deal in court as 12 state attorneys general prepare a separate bid to pause it.
- On Thursday, U.S. District Judge Araceli Martinez-Olguin denied a consumer request for a preliminary injunction to halt the $110 billion merger between Paramount Global and Warner Bros. Discovery.
- Five subscribers initiated the suit in April, alleging the merger would reduce competition and increase prices; the court found they failed to demonstrate irreparable harm or likelihood of success.
- California Attorney General Rob Bonta and 11 other states filed a separate antitrust lawsuit, alleging the merger would lessen competition in theatrical film distribution and basic cable markets.
- Paramount faces a $7 million daily "ticking fee" payable to Warner Bros. Discovery shareholders if the merger does not close by September 30, creating acute financial pressure.
- Judge Martinez-Olguin will issue a decision by Wednesday, July 22, on the states' temporary restraining order request, a ruling that will determine whether the deal faces immediate judicial blockage.
16 Articles
16 Articles
By Brian Stelter, CNN Judge Araceli Martínez-Olguín concluded an initial hearing on the Paramount-Warner Bros merger. Discovery without issuing an immediate ruling on the coalition's request for a temporary restraining order (TRO). The judge said she will issue a written response to the motion The post-Judge will decide before July 22 on an application to pause a merger of Paramount and Warner Bros. Discovery appeared first on KVIA.
Paramount+ Subscribers Fail to Block Warner Bros. Merger as States Will Try Again Friday
A handful of Paramount+ subscribers failed to win an order blocking the merger with Warner Bros. Discovery on Thursday, but a coalition of states will give it another try on Friday. The plaintiffs sued in April, alleging that they had faced price hikes and risked losing viewing options as a result of the transaction. At […]
A Judge Refuses To Block Paramount's Bid to Buy Warner Bros. Discovery
A federal court has removed a significant obstacle for one of the largest proposed deals in the media sector. On July 16, 2026, U.S. District Judge Araceli Martínez-Olguín denied a request for a preliminary injunction in a consumer lawsuit that sought to halt the $110 billion merger between Paramount Global and Warner Bros. Discovery, according […] The post A Judge Refuses To Block Paramount’s Bid to Buy Warner Bros. Discovery appeared first on …
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