Paramount and Warner Must Halt Merger for at Least Two Weeks, Judge Says A federal judge has ordered Paramount and Warner Bros. Discovery to suspend their $81 billion merger for at least two weeks.
District Judge Araceli Martínez Olguín granted a temporary restraining order that gives states challenging the deal more time to present their case in court.
The proposed merger would combine two of the last remaining legacy studios in Hollywood with an array of TV networks, streaming services, and news operations.