Judge Halts Paramount Skydance’s $110 Billion Takeover of Warner Bros. Discovery

A federal judge has paused the $110 billion merger of Paramount Skydance with Warner Bros. Discovery, granting a request from a coalition of 12 state attorneys general. The judge scheduled an August 3 hearing on the states’ motion for a preliminary injunction to halt the merger. The Writers Guild of America filed its own lawsuit against the merger, claiming that it would negatively impact union members’ wages and lead to job losses. www.democracynow.org