A federal judge has set a March 2027 trial date for the antitrust challenges to Paramount’s acquisition of Warner Bros. Discovery. The trial timeline is another setback for Paramount, which had wanted to complete the merger this summer.
Merger Details
Paramount has argued that a lengthy delay threatens the deal, while the state attorneys general and the Writers Guild of America say the merger should not close until a court properly weighs their claims. The delay could prove costly for Paramount, with the company potentially owing over $1 billion in so-called “ticking fees” before a judge ever rules.
Original reporting: KEYT (Ventura/Santa Barbara) — read the source article.