Paramount Skydance Corporation quarterly report for the quarter ended June 30, 2026
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AP reported that 12 states sued to block the Paramount Skydance-Warner Bros. Discovery merger, alleging unlawful concentration in three markets, and that a judge initially halted closing. Paramount's quarterly filing says the states, Writers Guild plaintiffs, and defendants then stipulated on July 24, 2026, that the merger would not close and the companies would not integrate until the earlier of five days after a merits determination or June 1, 2027; the allegations remain pending rather than adjudicated.
Part II, Item 1, Legal Proceedings—Litigation Relating to the WBD MergerTwelve-state challenge bars Paramount-WBD closing pending a merits ruling · Closing and integration barred until five days after a merits ruling or June 1, 2027