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Paramount agrees to pause $110bn Warner Bros merger as case plays out

Twelve states led by California had obtained temporary restraining order blocking merger from closing for 28 days

Paramount ?Skydance ?has agreed to ?pause its $110bn acquisition ?of ?Warner ?Bros ?Discovery until a ?ruling on several states’ challenge ?to the deal, or ?until 1 June ?2027, according ?to court ?papers ?filed ?on Friday.

A group of 12 US states headed by California obtained a temporary restraining order this week that blocked the merger from closing for 28 days, pending the outcome of a motion for a preliminary injunction.

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Jul 24, 2026 US news Paramount Pictures Warner Bros

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