Merger Moratorium: A Glimmer of Hope for Media Diversity? A federal judge has issued a 14 day restraining order, temporarily halting the contentious Paramount Warner Bros. merger.
This reprieve gives Judge Araceli Martínez Olguín and her court time to consider the multi state lawsuit aimed at blocking the deal.
The proposed merger would create an unprecedented media behemoth, with Paramount acquiring Warner Bros. ' vast array of properties.