Paramount freezes $111 billion Warner deal until lawsuits are resolved
Why it matters: The delay could cost Paramount about $650 million every 90 days starting Oct. 1, with a $7 billion fee if the merger misses a June 2027 deadline.
Why it matters: The delay could cost Paramount about $650 million every 90 days starting Oct. 1, with a $7 billion fee if the merger misses a June 2027 deadline.
What's new: The delay could add about $1.7 billion in quarterly fees, and Paramount still faces a $7 billion breakup penalty if the merger collapses.
What's next: Paramount faces roughly $650 million in added payments every 90 days the merger stays delayed.
What’s new: the delay could add about $1.7 billion in fees, while a collapse would trigger a $7 billion breakup payment.
What's next: The merger cannot close before a court ruling on the states' lawsuit or June 1, 2027, whichever comes first.
What's next: A lawsuit by 12 states will test whether the merger would illegally cut competition in film, cable and streaming.
What’s next: A court hearing on Aug. 3 could extend the pause and move the states’ bid to block the Hollywood deal.
What’s next: Paramount said it plans to close the deal soon, while California and EU antitrust scrutiny remains in play.
What's new: Pelley is the latest in a string of departures after Paramount's sale to Skydance reshaped CBS News leadership.