Judge pauses Paramount’s attempt to buy Warner Bros. Discovery
Jul 20, 2026
A judge partially granted the request from a dozen state attorneys general to temporarily place the $110 billion merger of Paramount and Warner Bros. Discovery on hold, as reported by Variety and Reuters. US District Judge Araceli Martínez-Olguín said that based on the new company's marke
t share, "the Court is persuaded that it can presume the proposed merger is likely to violate antitrust laws," and that the states showed "irreparable harm" could occur without a temporary restraining order.
A week ago, California, Arizona, Colorado, Connecticut, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, and Washington sued …
Read the full story at The Verge. ...read more read less