Paramount Agrees to Delay WBD Acquisition to As Late as June 2027 Amid Legal Challenge The proposed merger between Paramount Global and Warner Bros.
Discovery (WBD) has been delayed, with the deal now expected to close by as late as June 2027, pending the outcome of a legal challenge.
A multi month delay is seen as an opportunity for Paramount to avoid a potentially disastrous outcome. The agreement includes a "ticking fee" that will be paid to Warner Bros.