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Fox News
Source: Fox News
8 HrsFox News
Source: Fox News
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A federal judge has temporarily blocked Paramount's $110 billion acquisition of Warner Bros. Discovery amid an antitrust lawsuit filed by California and other states. The states argue the merger would reduce competition by controlling a significant share of the theatrical film distribution and cable markets. Paramount and Warner Bros. Discovery are scheduled for a trial in March 2027, but talks are ongoing to reach a potential resolution.
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