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Paramount-Warner Deal Paused, Trial Delays Merger to 2027

7/27/2026

27 4 Full Breakdown

Summary

Story summary

Paramount CEO David Ellison said the $111 billion Paramount-Warner Bros. Discovery merger is paused until a trial, delaying completion to 2027.
Jeffrey Kessler urged Paramount to halt the merger in June and move the antitrust case to trial.
Twelve state attorneys general and the Writers Guild have sued to block the deal.
Saudi, Qatari and UAE investors would provide $24 billion for a 38.5% stake without board seats.

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Story summary

Paramount CEO David Ellison said the $111 billion Paramount-Warner Bros. Discovery merger is paused until a trial, delaying completion to 2027.
Jeffrey Kessler urged Paramount to halt the merger in June and move the antitrust case to trial.
Twelve state attorneys general and the Writers Guild have sued to block the deal.
Saudi, Qatari and UAE investors would provide $24 billion for a 38.5% stake without board seats.