Paramount-WBD Merger Stalled

Merger paused for antitrust trial until June 2027. EU approved with conditions. LA County lawsuit cites 2,500 job losses. Lionsgate CEO endorses deal. WGA lawsuit and federal TRO add pressure. 'Abbott Elementary' stars express concerns about job losses. New: DGA and IATSE break from WGA/SAG-AFTRA, urging California to settle the lawsuit to avoid prolonged litigation and potential studio relocation. This labor split signals divergent union strategies and adds complexity to the merger's future.