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A California judge has issued a temporary restraining order halting the $110 billion Paramount-Warner Bros. Discovery merger, citing antitrust concerns. The move comes after a coalition of state attorneys general sued to block the acquisition.
Paramount Global plans to take its $110 billion merger with Warner Bros. Discovery to the Supreme Court if state attorneys general block the deal. The merger faces antitrust concerns from regulators and state officials.
Paramount is merging the tech stacks behind Paramount+, Pluto TV, and BET+ onto a single backend infrastructure by mid-2026 to prepare for the HBO Max integration.