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The media industry's consolidation push has hit a new setback. Paramount Skydance said Friday it would push its planned merger with Warner Bros.
back to as late as June 2027, extending the deal's timeline and leaving both companies operating independently for longer than originally planned.
The timeline shift The revised outside date of June 2027 is the core of the announcement. Paramount Skydance made the disclosure on Friday, without publicly detailing the reasons behind the change.
For a transaction of this scale, the extension is significant: it adds months to a deal already under close scrutiny across the media sector. Both Paramount Skydance and Warner Bros.
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