Paramount Skydance agreed to freeze its merger with rival Hollywood studio Warner Bros.Discovery until next June while a federal judge weighs an antitrust lawsuit from a coalition of state attorneys general who sued to block the $110 billion transaction.Subscribe to read this story ad-freeGet unlimited access to ad-free articles and exclusive content.In an 11-page court filing Friday, Paramount said it had agreed to hold off on combining with Warner Bros.
until June 1, 2027, unless a federal judge issues a ruling on the suit filed by a dozen Democratic state attorneys general.The agreement lengthens a temporary pause ordered this week by Araceli Martínez-Olguín of the the Northern District of California.The combination of the two companies would create a modern media colossus.It would unite two historic film studios (Paramount Pictures and Warner Bros.
Pictures), two popular streaming platforms (Paramount+ and HBO Max) and two leading news organizations (CBS News and CNN).This is a developing story.Please check back for updates.ShareAdd NBC News to GoogleDaniel ArkinDaniel Arkin is a senior reporter at NBC News....