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Paramount agrees to delay Warner Bros Discovery merger until 2027 as lawsuit to block it goes through court
['Joseph Wulfsohn']
Latest & Breaking News | Fox Business
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.
Both sides argued their case last week but Judge Araceli Martínez-Olguín waited until Monday to temporarily delay the merger.
PARAMOUNT ADVISERS PUSH FOR CALIFORNIA EXIT AS STATE SUES TO BLOCK WARNER BROS DISCOVERY MERGER: REPORTParamount's bid to buy Warner Bros.
The Paramount CEO has previously assured that CNN would maintain editorial independence following the merger.