24 Hrs
Source:
Los Angeles Times
Paramount-Warner Bros. Antitrust Trial Set for Next Year
Paramount's proposed $111 billion merger with Warner Bros. Discovery has been delayed until March 2, 2027, due to an antitrust challenge brought by 12 U.S. states led by California. The trial, scheduled for 12 days, was set after Paramount agreed to pause the deal, which faces additional legal opposition from the Writers Guild of America. Despite the delay, Paramount reported a slight revenue increase and growth in streaming subscribers, but profits declined compared to the previous year.
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