US judge orders pause on Paramount–Warner Bros merger
Paramount risks $650m quarterly fees if merger delays extend beyond September, as per the merger agreement terms.

Paramount risks $650m quarterly fees if merger delays extend beyond September, as per the merger agreement terms.






![If the merger moves forward, it would bring CBS News and CNN under one roof [File: Kylie Cooper/Reuters]](https://aljazeeranews-3fuh52rgrl.edgeone.app/wp-content/uploads/2026/03/2025-12-22T211528Z_1863318890_RC2VLIABNM0W_RTRMADP_3_PARAMOUNT-CBS-SIXTYMINUTES-1773758258.jpg?resize=770%2C513&quality=80)

The Palestinian presenter delivered the network’s first-ever bulletin when it went on air in 1996.
Netflix declined to raise its proposal to match a higher one from Paramount for Warner Bros.
If Warner’s board changes course and deems Paramount’s latest offer superior, Netflix will be able to revise its bid.
Federal Communications Commission faces backlash after comedian Stephen Colbert blamed its rules for scuttled interview.
The Warner Bros Discovery board says it remains committed to the Netflix deal.
The Ellison-backed US media giant offered a so-called ticking fee for each month the deal fails to close.
Critics say such actions and increasing corporate ownership of media is causing a backsliding in US media freedom.
The network is set lean into podcasters bringing on more controversial conservative leaning voices.
The Ellison-owned media giant will now give investors until February 20 to consider its bid.
The switch in its offer comes as Paramount Skydance has campaigned that its bid is superior to Netflix’s.