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Paramount Skydance agrees to freeze its WBD mega-merger while the antitrust cases are decided

Paramount Skydance agrees to freeze its WBD mega-merger while the antitrust cases are decided

Business Insider· 1h ago· 1 min read

<figure><img src="https://i.insider.com/699c95b6efb52c8bd0deae8b?format=jpeg" height="1440" width="1920" alt="Ellison WBD 4x3"><figcaption>Paramount Skydance CEO David Ellison is waiting longer to land Warner Bros. Discovery.<p class="copyright">Gilbert Flores/Variety via Getty Images; Mario Tama/Getty Images</p></figcaption></figure><ul class="summary-list"><li>Paramount Skydance agreed to pause its plan to buy Warner Bros. Discovery.</li><li>Paramount is facing legal challenges from 12 US states and the Writers Guild of America.</li><li>"We look forward to proving our case at trial," a Paramount spokesperson said.</li></ul><p>Paramount Skydance has agreed to pause its mega-merger with Warner Bros. Discovery until five days after the antitrust cases are ruled on, or until June 1, 2027, whichever comes sooner, the company said on Friday.</p><p>Paramount is facing an <a target=""…

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