Paramount Skydance has agreed to postpone the closing of its proposed $110 billion acquisition of Warner Bros.
The delay comes as a United States lawsuit seeking to block the transaction moves forward, adding another layer of legal complexity to the already protracted deal.
The decision follows a recent ruling by a federal judge in California, who issued a temporary injunction halting the merger pending further legal review.
This judicial intervention marks a significant escalation in the regulatory and legal challenges facing the combination, which has been under intense scrutiny since its announcement.
Paramount Skydance had previously agreed to extend the closing timeline to as late as June 2027.
The latest postponement underscores the growing risks associated with the deal, including potential antitrust concerns and shareholder litigation.