Paramount’s blockbuster merger with Warner Bros. Discovery is hitting major delays, now potentially pushed to 2027, after lawsuits from state attorneys general and the Writers Guild force a pause. The deal, originally slated for completion by September, now hinges on an antitrust trial or June 2027—whichever comes first. Shares for both companies dipped as critics celebrate the setback, while Paramount’s legal team pushes for trial over a settlement, betting they’ll win the case. The judge has approved the new timeline, but analysts warn this could cost Paramount dearly and stall the merger indefinitely.
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