Paramount delays $110 billion Warner Bros. merger as lawsuit seeking to block deal moves forward

File image of iconic Paramount Pictures water tower Alamy Paramount Skydance Paramount agreed to delay the deal through June 2027. PARAMOUNT SKYDANCE HAS agreed to delay its $110 billion (€96.69 billion) merger with Warner Bros. Discovery while a US lawsuit seeking to block the deal moves forward. If the merger eventually closes, the new combined company would reshape the entertainment and media industry, in addition to delivering a major win to its owners, the Ellison family, who are close allies of US President Donald Trump. Paramount agreed to delay the deal through June 2027, the company said in a court filing on Friday. Rob Bonta, attorney general of California, which is leading a coalition of 12 states which last week sued to block the deal, welcomed the agreement. “We are eager to c