Paramount Skydance and Warner Bros. Discovery have agreed to delay their $111 billion merger until after a court rules on its legality, with a deadline of June 1, 2027, or five days after the ruling, whichever comes first.
Paramount and Warner Bros' $110bn merger is paused until June 2027 due to US legal challenges from 12 states and the WGA, despite European approval, as opponents argue it would harm competition and consumer choice.
Paramount Skydance has agreed to pause its Warner Bros. Discovery acquisition until a court rules on a multistate antitrust challenge or until June 1, 2027. The delay could cost the company about $7 million a day in fees if the deal does not close by Sept. 30.
The European Union has approved Paramount's $81 billion takeover of Warner Bros. Discovery, conditional on Paramount divesting its European Economic Area stake in United International Pictures (UIP) and terminating its partnership with Universal. This clears a major regulatory hurdle, but the deal faces ongoing legal challenges in the U.S. and reviews in other countries.
European Commission regulators approved Paramount's $111 billion acquisition of Warner Bros. Discovery, conditional on Paramount ending its joint distribution venture, Universal International Pictures (UIP), with Universal in Europe. The merger still faces a temporary pause from a US lawsuit by 12 states and scrutiny from UK regulators.
Paramount Skydance's £80bn bid for Warner Brothers received conditional EU approval after commitments to end a film distribution joint venture. However, the deal faces significant challenges in the US, including a court-ordered pause and a preliminary injunction hearing, as well as potential intervention in the UK.
The EU conditionally approved Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, citing film distribution concerns. Paramount must exit its United International Pictures stake in the EEA and avoid joint distribution with Universal for 10 years. The deal still faces US legal challenges.
The Supreme Court issued notices to Lok Sabha Speaker Om Birla and others on a plea by the Uddhav Thackeray faction, challenging the recognition of six Shiv Sena MPs' merger with the Eknath Shinde-led party, posting the matter for hearing in two weeks.
The number of listed South Korean firms involved in M&A deals decreased by 2.6% to 75 in the first half of 2026 compared to the previous year, with a significant 82.9% plunge in appraisal rights payments, according to data from the Korea Securities Depository.
Jack Mallers resigned as CEO of Twenty One Capital, causing its shares to drop nearly 15%. His departure coincides with the collapse of Tether's plan to merge Twenty One, Strike, and Elektron Energy into a single public entity. Raphael Zagury has been named the new CEO, promising institutional discipline.
A proposed merger involving Tether-backed Twenty One Capital, Strike, and Elektron Energy has been scrapped. Strike will now operate as a standalone company, while Jack Mallers steps down as Twenty One Capital CEO, succeeded by Raphael Zagury. Discussions between Twenty One and Elektron Energy are ongoing.
A US federal judge has temporarily blocked the proposed $110bn merger between Paramount Skydance and Warner Bros Discovery for 14 days. This decision follows a lawsuit by 12 US states, citing concerns over stifling competition and raising consumer prices.
A federal judge in California issued a temporary restraining order, blocking the $111 billion merger between Paramount Skydance and Warner Bros. Discovery. The ruling, a win for 12 states led by California, cites concerns that the deal would substantially lessen competition in the theatrical film and cable TV markets.
A US federal judge has issued a 14-day temporary restraining order, blocking the proposed $110bn merger between Paramount, Skydance, and Warner Bros Discovery. The decision follows a lawsuit by 12 US states, including California and New York, citing concerns over stifled competition and potential price increases for consumers.
A federal judge in California has temporarily paused the $110 billion merger between Paramount, Skydance, and Warner Bros Discovery for 14 days. The decision follows a lawsuit from 12 states challenging the deal over potential anticompetitive concerns, despite prior Justice Department approval.
A federal judge has temporarily halted the $111 billion merger between Paramount and Warner Bros. for 14 days, allowing time to review an antitrust lawsuit filed by 12 states. The lawsuit claims the deal would reduce competition and raise consumer prices, with a preliminary injunction hearing set for August 3.
A US District Judge partially granted a request from a dozen state attorneys general, temporarily halting the $110 billion Paramount and Warner Bros. Discovery merger for 14 days. The judge cited likely antitrust violations and potential irreparable harm, setting a preliminary injunction hearing for August 3rd.
A federal judge ordered a two-week halt to the $81bn Paramount-Warner Bros Discovery merger after 12 states, led by California, sued to block the deal, citing concerns over competition and consumer choice in Hollywood.
A coalition of 12 US states, led by California, successfully paused the Paramount Skydance-Warner Bros Discovery merger, alleging it would harm competition, reduce content, and lead to layoffs. A federal judge granted 14 days for arguments, with a hearing set for August 3.
A U.S. District Judge has issued a 14-day pause on the proposed acquisition of Warner Bros. Discovery by Paramount Skydance, following a lawsuit from 12 state attorneys general led by California's Rob Bonta. The lawsuit alleges the merger would harm competition in film distribution and cable licensing, a claim Paramount disputes.
A federal judge has issued a temporary restraining order, pausing Paramount's $111 billion acquisition of Warner Bros. Discovery. The ruling, in response to a lawsuit by a dozen states, suggests potential antitrust violations, citing reduced competition in theatrical movie releases, blockbuster films, and cable TV.
Hong Kong's ASTRI, following its April 2026 merger with NAMI, is showcasing new AI and advanced materials technologies at LEAP East. The integration has strengthened cross-disciplinary research, leading to innovations like artificial skin, AI-enhanced firewalls, and energy-efficient cooling systems, while also expanding into Middle Eastern markets.
The proposed merger between Paramount and Warner Bros Discovery faces mounting legal challenges from 12 U.S. states and the Writers Guild of America, amid fears of massive job losses and further consolidation in Hollywood.
ProPublica revealed that FCC Commissioners Olivia Trusty and Brendan Carr accepted expensive gifts, including Kennedy Center gala tickets, from Paramount while the agency was reviewing its mergers. Ethics experts warn this poses a blatant conflict of interest, compromising the FCC's impartiality and potentially impacting the $110 billion Paramount-Warner Bros. Discovery merger.
