--- title: Paramount and Warner Bros. merger blocked by temporary... description: A California judge issued a 14-day temporary restraining order blocking the $110 billion Paramount–Warner Bros. Discovery merger, just one day before its... canonical: https://daily.dev/posts/paramount-and-warner-bros-merger-blocked-by-temporary-restraining-order-one-day-before-close-h8qjwvkxe twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Paramount and Warner Bros. merger blocked by temporary restraining order one day before close | daily.dev og:description: A California judge issued a 14-day temporary restraining order blocking the $110 billion Paramount–Warner Bros. Discovery merger, just one day before its... og:url: https://daily.dev/posts/paramount-and-warner-bros-merger-blocked-by-temporary-restraining-order-one-day-before-close-h8qjwvkxe og:image: https://api.daily.dev/og/posts/h8QjWVkxE.png og:image:alt: Paramount and Warner Bros. merger blocked by temporary restraining order one day before close og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Paramount and Warner Bros. merger blocked by temporary restraining order one day before close **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary A California judge issued a 14-day temporary restraining order blocking the $110 billion Paramount–Warner Bros. Discovery merger, just one day before its planned July 22 close. The order followed a lawsuit by 12 state attorneys general who argued the deal violates the Clayton Antitrust Act, citing compelling evidence of market concentration in theatrical distribution and basic cable. The DOJ had already cleared the deal in June. Financial pressure is mounting: a $650 million-per-quarter ticking fee kicks in if the deal isn't closed by September 30, and a $7 billion breakup fee looms if it collapses on regulatory grounds. Paramount called the challenge one of the weakest in modern antitrust history, while the states argue the merged entity would control roughly a third of US films and basic cable programming. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [DOJ clears Paramount’s $110 billion purchase of Warner Bros. 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