The Warner Paramount Merger: A Delayed Death Blow? The news that Paramount and Warner Bros.
Discovery have agreed to delay the closure of their $81 billion merger until a court ruling on the states' claims or June 1, 2027, has left many in the entertainment industry bewildered.
This delay can be seen as a victory for the 12 states challenging the deal, led by California Attorney General Rob Bonta, who has been vocal about his opposition to the merger.