Paramount agrees to delay Warner Bros. Discovery takeover for months

 

The Paramount Studios in Los Angeles, California, on November 9, 2025.

Ethan Swope/Bloomberg/Getty Images

Paramount says its takeover of CNN’s parent company, Warner Bros. Discovery, will be delayed for many months, and potentially well into 2027, due to pending lawsuits by state attorneys general and the Writers Guild of America.

Paramount said in a Friday afternoon court filing that it has agreed not to complete the mega-merger until an antitrust trial takes place, or until June 1, 2027, whichever comes first.

The current Paramount–Warner merger agreement expires on March 4, and is subject to an automatic extension through June 4, 2027.