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Paramount wins race for Warners, but potential hurdles from US states remain

By Flavia Fortes and Curtis Eichelberger ( February 27, 2026, 20:36 GMT | Comment) -- For now, Paramount Skydance has won the race for Warner Bros. Discovery, prevailing after Netflix pulled out of contention — but the victory may prove premature. Even as federal regulators appear to have eased a key hurdle for the blockbuster media tie-up, the deal still faces potential legal challenges from individual US states, where attorneys general could decide to bring their own lawsuits to block or reshape the merger.Paramount Skydance has won the race for Warner Bros. Discovery, prevailing after Netflix pulled out of contention — but the victory may prove premature. Even as federal regulators appear to have eased a key hurdle for the blockbuster media tie-up, the deal still faces potential legal challenges from individual US states, where attorneys general could decide to bring their own lawsuits to block or reshape the merger....

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