Business · 25 July 2026

Paramount pauses its $110 billion takeover of Warner Bros until next June

BoliviaInteligente (Unsplash) | Silas Lundquist (Unsplash)

The holdup could cost Paramount up to $1.7 billion in late fees if the buyout misses a September deadline. A group of 12 US states went to court on 13 July to block the takeover, arguing the combined entertainment giant would push up film and television prices. Shares in the company dropped 3.3% on Friday, leaving them down 37% for the year.

By BriefTea Editorial · 25 July 2026 at 12:00

Reported by Reuters · How we write briefs

Get the app

More briefs

BusinessLockheed Martin may build UK's new £2bn Skynet satellites BusinessKFC dropping Pepsi for Coca-Cola in all US restaurants by early 2027 BusinessSome Anthropic investors reportedly eye $1.5tn valuation, down from the $2tn expected BusinessLondon's top shares reach a seven-week high as investors buy safer British businesses BusinessThames Water needs £2.4B more to avoid government takeover BusinessBritish pound rises against the dollar after the UK economy unexpectedly grows More business stories → Browse all stories →