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Enforcement ActionLow RiskMultistate

Court temporarily blocks Warner Bros./Paramount merger at Attorney General Ellison's request

Warner Bros. Discovery, Inc. and Paramount Skydance CorporationJuly 20, 2026Minnesota Attorney General

Summary

This press release is about a court temporarily blocking the merger of Warner Bros. Discovery and Paramount Skydance Corporation based on antitrust concerns under the Clayton Act. It is not a privacy-related enforcement action. The Minnesota Attorney General joined a multistate coalition to challenge the merger, and the court granted a temporary restraining order.

Remedy

The court granted a temporary restraining order to halt the merger while considering a preliminary injunction, which would block the merger for the duration of the litigation.

Injunction

Contract Impact

In-house legal teams should review vendor and customer agreements for change of control provisions, non-compete clauses, and exclusivity arrangements that could be affected by a merger. Additionally, review any clauses that may be impacted by antitrust scrutiny, such as pricing or market allocation terms.

Contract Search Terms

merger clausechange of controlnon-competeexclusivitycompetition clausemarket concentrationantitrust complianceHSR filing

Laws Cited

Clayton Act Section 7

Violation Types

Entity Details

Entity

Warner Bros. Discovery, Inc. and Paramount Skydance Corporation

Industry

Media & Entertainment

Multistate Coalition

Coalition of 12 attorneys general (including Minnesota AG)

Official Sources

Source Evidence

Entity Name
"Warner Bros. Discovery, Inc. (Warner Bros.)"
Entity Name
"Paramount Skydance Corporation (Paramount)"
Laws Cited
"Section 7 of the Clayton Act"
Event Type
"granted the motion for a temporary restraining order to halt the merger"

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