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Judge issues restraining order blocking Paramount-WBD merger
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News – TheDesk.net
The Warner Bros Studios logo is seen on a building along Hollywood Blvd.
The transaction would bring Paramount Pictures and Warner Bros Studios under common ownership, while combining streaming services Paramount Plus and HBO Max.
On Monday, Bonta took a victory lap after the judge overseeing the case issued the temporary restraining order.
“My office and attorneys general nationwide have secured an emergency order blocking the unlawful merger of Warner Bros and Paramount.
The temporary restraining order does not resolve the merits of the states’ case and does not permanently prevent Paramount from completing the acquisition.