Paramount agrees to pause merger with WBD for nearly a year

Paramount has opted not to close its deal to purchase WBD until June 1, or until lawsuits challenging the deal are resolved. The Paramount merger with Warner Bros. Discovery is probably going to get quite a bit more expensive for the company — if it happens at all. Paramount Skydance has now pledged not to proceed with the merger for months, or until it can successfully fend off separate legal challenges brought by 12 state attorneys general and by the Writers Guild of America. Key Details: We

Paramount has opted not to close its deal to purchase WBD until June 1, or until lawsuits challenging the deal are resolved. The Paramount merger with Warner Bros. Discovery is probably going to get quite a bit more expensive for the company — if it happens at all. Paramount Skydance has now pledged not to proceed with the merger for months, or until it can successfully fend off separate legal challenges brought by 12 state attorneys general and by the Writers Guild of America. Key Details: We

This article was originally published by The Streamable.

Read Full Story on Source Site →
Share: