American kids’ TV channel, part of Warner Bros. Discovery
A federal judge has paused Paramount Skydance’s $110–$111bn acquisition of Warner Bros Discovery with a 14‑day temporary restraining order after a coalition of 12 states sued to block the deal on antitrust grounds. The judge has set an Aug. 3 hearing to consider extending the pause while the states seek a preliminary injunction.
Culture secretary has said she is minded to intervene in the Paramount-WBD merger on public-interest grounds, triggering regulatory scrutiny by Ofcom and the CMA. A final decision has not been taken; Paramount and WBD face a response deadline, with potential timelines extending into Q3 2026.