Paramount-Warner Bros. Merger Officially Placed on Hold

Plans for a Paramount and Warner Bros. merger are officially on hold until after an antitrust trial, amid uncertainty about the future of the potential media deal.

As reported by Variety, Paramount Skydance entered into a joint stipulation in the federal case on Friday afternoon, agreeing not to close the $111 billion transaction until five days after a trial is held or June 1, 2027, whichever is earlier. No date for the forthcoming trial has been set, but the merger is expected to be on hold for several months.

This story will be updated shortly…