Oregon withdraws delay motion in Paramount-Warner deal
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Portland, Oregon. The Oregon attorney general's office on Tuesday withdrew a court motion to delay Paramount's proposed $110 billion acquisition of Warner Bros, after earlier this week seeking a 60-day pause and court-ordered records. The office said Paramount had signaled it would not comply with investigative demands and agreed not to close the transaction before July 22.
Oregon Attorney General Dan Rayfield requested documents related to 'Project Warrior' and efforts to lobby the Trump administration; prosecutors said they will consider next steps following the withdrawal. The state retained the right to pursue records and potential legal remedies, and the July 22 non-closure date now frames any subsequent review or filings.
More context
Timeline
- 1. Paramount proposed a $110 billion acquisition of Warner Bros (proposed prior to July 2024).
- 2. Earlier this week Oregon AG filed a court motion seeking documents and a 60-day delay.
- 3. Paramount agreed not to close the transaction before July 22 amid the state's review.
- 4. July 10: Oregon withdrew its motion to delay while stating it will consider next steps.
- 5. Oregon continues to seek records related to 'Project Warrior' and lobbying efforts.
Why it matters
This deal could reshape the entertainment industry. If you're a fan of Paramount or Warner Bros, changes could be coming. Keep an eye on your favorite shows and movies. Check for updates on 'Project Warrior' and potential lobbying efforts.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
