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SettlementLow RiskMultistate

Attorney General Blocks Paramount-Warner Bros. Merger

Paramount and Warner Bros.July 24, 2026New Jersey Attorney General

Summary

The New Jersey Attorney General announced that Paramount and Warner Bros. have agreed to put their merger on hold while a lawsuit challenging the merger proceeds. The agreement prevents the merger from moving forward until the end of trial or June 1, 2027, whichever comes first.

Remedy

Paramount and Warner Bros. agreed to halt their merger until the end of the trial or June 1, 2027, whichever comes first.

Injunction

Contract Impact

In-house legal teams should review their vendor and customer contracts for change-of-control provisions and assignment clauses. The merger halt may trigger termination rights or require consent for assignment. Additionally, any data processing agreements should be reviewed to ensure compliance with privacy obligations during the transition.

Contract Search Terms

change of controlmerger clauseassignmentdata processing agreementprivacy policyconsumer datacontract terminationconsent to assignmentmaterial adverse change

Violation Types

Entity Details

Entity

Paramount and Warner Bros.

Industry

Media & Entertainment

Multistate Coalition

Other state attorneys general

Official Sources

Source Evidence

Entity Name
"Paramount and Warner Bros. have backed down and won’t move forward with their merger"
Summary
"We are thrilled that, because of our lawsuit, Paramount and Warner Bros. have backed down and won’t move forward with their merger while our case proceeds."

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