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Judge says Paramount and Warner must halt merger for at least two weeks, granting states' request
['Wyatte Grantham-Philips', 'July', 'Min Read']
Yahoo News - Latest News & Headlines
NEW YORK (AP) — A federal judge on Monday ordered Paramount and Warner Bros.
The states' top prosecutors called on Warner and Paramount to not close the transaction until after a court had time to fully evaluate their claims.
And when the companies refused, they filed for a temporary restraining order — which is what District Judge Araceli Martínez-Olguín granted on Monday.
Warner's HBO Max, fan favorites like "Harry Potter" and even CNN would come under the same roof of Paramount-owned CBS, movies like "Top Gun" and the Paramount+ streaming service.
The court has set Aug. 3 as a date for a hearing on the states' preliminary injunction motion, but that schedule could also be pushed back.