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A judge has paused the Paramount / Warner Bros. deal to review a multi-state lawsuit.

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The lawsuit from the states alleges that the deal would harm movie theaters, basic cable distributors, and audiences.

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A judge partially granted the request from a dozen state attorneys general to temporarily place the $110 billion merger of Paramount and Warner Bros. Discovery on hold, as reported by Variety and Reuters. US District Judge Araceli Martínez-Olguín said that based on the new company's market share, "the Court is persuaded that it can presume […]

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