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Paramount agrees to delay Warner Bros Discovery merger until 2027 as lawsuit to block it goes through court

Paramount agreed to delay its pending Warner Bros. Discovery merger until next year in order for the lawsuit brought by several state attorneys general to play out in court, according to a Friday filing.The merger was put on hold earlier this week after a judge granted a temporary restraining order that initially put a 14-day pause on the multibillion-dollar deal with the lawsuit led by California Attorney General Rob Bonta pending."Today’s agreement is a significant win because the result is exactly what we have sought from the outset: a direct path to a trial based on the evidence," a spokes...