Paramount agrees to postpone Warner Bros. merger until
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"This is the fastest and clearest way to prove that this transaction is good for competition, good for consumers, and good for creators," Paramount said.
Warner Bros. Discovery sued Amazon, alleging the internet giant engaged in an "illegal" campaign of "inducing contracted employees" of WBD to "breach their employment agreements" -- including HBO marketing veteran Pia Barlow.
UPDATED, with state AG and WGA response: Paramount is proposing that a federal judge hold a three-day evidentiary hearing later in August as she weighs whether to issue a preliminary injunction that would halt its acquisition of Warner Bros.