Story perspectives

Judge Sets June 2027 Deadline, Penalties for Paramount-Warner $110B Deal

7/27/2026

Summary

Story summary

Judge Araceli Martínez-Olguín cancelled August 3 hearing, barred integration and set Paramount Skydance-Warner Bros. Discovery $110 billion deal deadline to June 1 2027 or a court ruling.
The delay follows antitrust lawsuits by twelve state attorneys general led by California Attorney General Rob Bonta and the Writers Guild of America.
The judge ordered Paramount to pay Warner Bros. Discovery shareholders an extra $0.25 per share after September 30 2026, $7 million daily, up to $1.7 billion if delayed to June 2027.

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Story summary

Judge Araceli Martínez-Olguín cancelled August 3 hearing, barred integration and set Paramount Skydance-Warner Bros. Discovery $110 billion deal deadline to June 1 2027 or a court ruling.
The delay follows antitrust lawsuits by twelve state attorneys general led by California Attorney General Rob Bonta and the Writers Guild of America.
The judge ordered Paramount to pay Warner Bros. Discovery shareholders an extra $0.25 per share after September 30 2026, $7 million daily, up to $1.7 billion if delayed to June 2027.