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Hollywood Merger Stalled by Court | Irvine News
Description
Hollywood’s biggest merger just hit pause — a federal judge has halted Paramount and Warner Bros. Discovery’s $81 billion deal for at least two weeks, giving 12 states, led by California, a crucial legal window to fight back. They argue the merger will crush competition and limit consumer choice in movies and streaming. After the companies refused to delay, the states sued and won a temporary restraining order — a major legal victory that could pave the way for a full injunction to block the deal entirely. The fate of this blockbuster merger? Still up in the air — and the legal battle is just getting started.
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