Judge Hits Pause on Paramount’s $111 Billion Warner Bros. Discovery Merger

Close-up of a wooden judge's gavel resting on its sound block inside a courtroom, with the judge's bench and courtroom interior softly blurred in the background.

Hollywood’s biggest merger just hit an unexpected roadblock. A federal judge has temporarily paused Paramount’s proposed $111 billion acquisition of Warner Bros. Discovery, giving a coalition of 12 states more time to argue that the blockbuster deal would violate federal antitrust laws. Judge Araceli Martinez-Olguin issued a 14-day temporary restraining order (PDF), ruling that the […]