Hollywood’s biggest merger just hit pause—Paramount and Skydance’s deal could be delayed until June 2027 after lawsuits from 12 states and the Writers Guild allege it harms competition and creators. A judge has temporarily blocked the merger, forcing Paramount to fight in court while defending the deal as beneficial for everyone. The studios face potential fees if the merger doesn’t close by September, and the legal battles could reshape the future of film and TV.
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