Paramount Delays Warner Bros. Merger to June 2027 as 12 AGs Press Antitrust Suit
Updated
Updated · The Washington Post · Aug 10
Paramount Delays Warner Bros. Merger to June 2027 as 12 AGs Press Antitrust Suit
3 articles · Updated · The Washington Post · Aug 10
Summary
June 2027 is the new outside date for Paramount’s acquisition of Warner Bros., after the company agreed to wait until the antitrust case ends or that deadline arrives.
12 Democratic attorneys general led by California AG Rob Bonta are challenging the deal, arguing it should be blocked even after more than 60 regulators worldwide cleared it.
About $650 million per quarter could flow to Warner Bros. shareholders after Sept. 30 until closing, money supporters say would otherwise fund productions and hiring.
30 theatrical releases a year are part of Paramount’s post-merger plan, which a California Policy Center report said could add nearly $1 billion in investment and support 40,000 jobs.
220 million combined streaming subscribers would still trail Netflix’s 325 million, framing the case around whether the merger curbs competition or creates a stronger rival.