Here‘s Why Paramount’s Decision To Delay WBD Merger Could Cost It Over $1 Billion
Topline Paramount Skydance said in a Friday court filing it agreed to push back its merger with Warner Bros. Discovery, which has been challenged by 12 states, to 2027, making the concession despite the fact it could incur millions of dollars in fees for not finalizing the deal by the end of September. The merger is valued at roughly $110 billion. Photo by Jakub Porzycki/NurPhoto via Getty Images Key Facts Paramount voluntarily agreed to delay the merger until June 2027 or until five days after the judge makes a decision on the case, whichever comes first. Judge Araceli Martinez-Olguin issued a temporary restraining order against the merger on Monday, giving her two weeks to determine if she would issue a more stark order that pauses the deal indefinitely while the lawsuit against the merger plays out in court. The delayed merger could cost Paramount big time, as under the terms of the deal it will have to pay a $0.25 per day “ticking fee” per share to Warner Bros. shareholders every day if the deal is not closed by Sept. 30—that fee amounts to $650 million per quarter or $7 million per day. Paramount said its decision to delay the merger allows it to face litigation quickly in









