Federal Judge Halts Paramount's $111 Billion Warner Bros. Merger

A federal judge temporarily paused Paramount's $111 billion acquisition of Warner Bros., handing a win to a coalition of U.S. states challenging the deal on antitrust grounds. The ruling throws Hollywood's largest media merger into limbo and signals intensifying scrutiny of media consolidation. The outcome could reshape the streaming and entertainment landscape and set a precedent for how aggressively regulators police concentration in the industry.