Paramount Agrees to Delay Buying Warner Bros.

Paramount says delaying the deal is the best way to prove it's good for competition.

Paramount agreed to delay its $81 billion buyout of Warner Bros. Discovery. A judge is considering a challenge from 12 states to block the deal. The delay will last until next year.

Paramount won't close the merger until June 1, 2027, or when a court makes a ruling on the states' lawsuit.

A judge recently granted a temporary order to freeze the transaction. The states raised questions about the merger's impact on competition. The judge said they had a strong case.

Netflix stopped trying to buy Warner Bros., so Paramount can move forward. Here's a comparison of the two deals.

Regulators approved an $8 billion merger between Paramount and Skydance.

Paramount called the agreement a significant win. It allows them to go to trial based on evidence.

The company says this is the fastest way to prove the merger is good for competition.

Paramount challenged Netflix's bid to buy Warner Bros. Discovery.

Twelve states sued to block Paramount's buyout of Warner Bros. They claim it would hurt competition in Hollywood.

The states say the merger would lead to fewer choices for consumers. An attorney general called it a bad deal for the entertainment industry.

The attorney general called the agreement to halt the deal a critical victory.

The future of HBO on Crave is uncertain due to the merger.

A Warner Bros.-Paramount merger would combine two major studios and many TV networks.

The merger would include Warner Bros.' HBO Max. Crave currently has exclusive rights to HBO in Canada.

Bell Media said its deal with Warner Bros. Discovery would keep HBO programming on Crave for now.

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