Paramount and Warner Bros. Postpone Merger Timeline

WHO:

NBC News - Paramount Skydance and Warner Bros. Discovery are the organizations involved in the merger.

Coming Soon - A group of 12 Democratic state attorneys general filed a lawsuit related to the merger.

WHAT:

NBC News - Paramount Skydance has agreed to delay its merger with Warner Bros. until June 2027.

NBC News - Paramount will incur a penalty for every day the deal does not go through after a September 30 deadline, potentially costing millions of dollars.

Coming Soon - The merger is valued at $110 billion.

WHEN:

NBC News - The merger is set to be delayed until June 2027.

NBC News - There is a September 30 deadline for the merger.

WHY:

NBC News - The delay is contingent upon a ruling from a federal judge regarding the lawsuit filed by the 12 Democratic state attorneys general.

HOW:

NBC News - The merger's timeline is affected by legal proceedings initiated by state attorneys general.

(UPDATED July 24, 2026 23:19 UTC)

Paramount Skydance has agreed to delay its $110 billion merger with Warner Bros. Discovery until June 2027, following a lawsuit filed by a group of 12 Democratic state attorneys general. The company will face penalties for each day the deal is not finalized after a September 30 deadline, which could amount to millions of dollars. This delay hinges on a ruling from a federal judge regarding the ongoing legal proceedings.