<\/p>\n
NEW YORK \u2014 Skydance-owned Paramount on Friday agreed to delay closing its $81 billion buyout of Warner Bros. Discovery well into next year, as a judge continues to consider a challenge from 12 states seeking to block the deal altogether.<\/p>\n
In a court filing, Paramount said it wouldn’t close the merger until five days “after the merits determination in these matters” or June 1, 2027. The move arrives just days after U.S. District Judge Araceli Mart\u00ednez-Olgu\u00edn granted a temporary restraining order requested by the states to freeze the transaction for several weeks.<\/p>\n
Twelve states, led by California, sued to block Paramount’s pending buyout of Warner last month \u2014 alleging that such a combination would “extinguish competition” in Hollywood and lead to fewer choices for consumers, particularly moviegoers and cable customers. Paramount has called the states’ claims meritless and vowed to “vigorously defend” its merger.<\/p>\n<\/div>\n
\u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source spectrumlocalnews.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" NEW YORK \u2014 Skydance-owned Paramount on Friday agreed to delay closing its $81 billion buyout of Warner Bros. Discovery well into next year, as a judge continues to consider a challenge from 12 states seeking to block the deal altogether. In a court filing, Paramount said it wouldn’t close the merger until five days “after […]<\/p>\n","protected":false},"author":2,"featured_media":2231760,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[22793,22694,22800,437060,317977,315634,22804,21796,22691,21741,22048,352834],"class_list":["post-2516149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-all-markets-rank-everywhere","tag-app-arts-entertainment","tag-app-for-your-consideration","tag-app-local-state-politics","tag-app-local-business","tag-app-national-politics","tag-associated-press","tag-business","tag-california","tag-entertainment","tag-politics","tag-socal-what-you-need-to-know"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/01\/Paramount-takes-another-step-in-takeover-bid-of-Warner-Bros.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2516149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2516149"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2516149\/revisions"}],"predecessor-version":[{"id":2516150,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2516149\/revisions\/2516150"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2231760"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2516149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2516149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2516149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}