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The Economic Times

Economy / The Economic Times

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Judge orders Paramount to temporarily pause Warner Bros acquisition

California and eleven states secured a pause on Paramount's acquisition of Warner Bros. Discovery. They argued the massive media merger would harm competition and raise prices. The states also cited potential job cuts and information sharing as irreversible harms. Paramount's chief executive sought to create a major rival to Netflix and Disney. This legal challenge threatens to derail the company's ambitious transformation plans.

20 Jul 2026 10:51 pm