Antitrust Trial Over Paramount-Warner Merger Set for March
The states’ antitrust case could delay the $108.4 billion takeover until June 2027, even after federal and European approvals.
- A coalition of state attorneys general sued to block Paramount Skydance's $108.4 billion acquisition of Warner Bros. Discovery, with Judge Araceli Martínez-Olguín scheduling a 12-court-day antitrust trial beginning Tuesday, March 2, 2027.
- Paramount initially planned to close the deal by September 30th, but the lawsuit forced the companies to delay finalization to as late as June 2027, creating mounting financial pressure through an approximate $7 million daily 'ticking fee.'
- On Tuesday, Paramount reported $6.91 billion in second-quarter revenue and raised full-year 2026 adjusted earnings guidance to $3.8 billion to $3.9 billion, while Paramount+ added 2 million subscribers to reach 81.6 million total.
- CEO David Ellison reiterated confidence in the merger Tuesday, stating the combined company will be 'better positioned to compete with companies like Netflix' and benefit consumers, creators, and theater exhibitors despite the trial delay.
- Although the Department of Justice and regulators in 24 jurisdictions cleared the transaction, state-level opposition remains the primary obstacle, with pretrial deadlines set for August 13, 2026 and a final conference scheduled for February 24, 2027.
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36 Articles
Judge Sets Paramount Merger Trial For Next March
Deadline Hollywood reports: A federal judge has set the Paramount-Warner Bros. Discovery merger trial for next March. The date is much closer to the timeline sought by state attorneys general and the Writers Guild America, who sued to block the transaction, rather than a trial start this fall favored by Paramount. U.S. District Judge Araceli Martínez-Olguín, based in Oakland, wrote that the trial will take place from March 2 to March 19 of next …
A federal judge has set March 2027 as the start date for the antitrust lawsuits seeking to block Warner Bros.' acquisition of Discovery Channel…
Judge Sets Paramount-WBD Antitrust Trial for March 2027
A federal judge has scheduled the antitrust trial over Paramount’s proposed $110 billion merger with Warner Bros. Discovery for next March. U.S. District Judge Araceli MartÃnez-OlguÃn wrote that the trial will take place from March 2 to March 19 of next year in federal court in Oakland. The trial dates are significant because after Sept. 30, Paramount will have to pay about $7 million for every day the transaction doesn’t close, under an agree…
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