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Paramount

Paramount is under a 14-day temporary restraining order blocking its hostile takeover of Warner Bros. Discovery, with a preliminary injunction hearing set for August 3. Separately, Paramount Skydance has formed a new internal game studio, Paramount Games Studio, and plans to reveal its first AAA title at Summer Game Fest 2026.

Synthesized from 2 Yomimono stories · updated 2h ago

A federal judge issued a 14-day temporary restraining order on Paramount's hostile takeover of Warner Bros. Discovery, blocking the merger from closing on July 22. The order came in response to a lawsuit from a 12-state coalition led by California Attorney General Rob Bonta, who argues the deal violates antitrust law by combining two of the top three cable programmers and two of the top five film distributors. A hearing for a preliminary injunction is set for August 3, and the states are seeking a longer block that could derail the deal entirely.

Separately, in early June, Paramount Skydance announced the formation of a new internal game studio, Paramount Games Studio. The studio consolidates two existing studios and Paramount's intellectual property. Amy Hennig moved from co-president of Skydance New Media to studio creative director. The first AAA title from the new studio is set to be revealed at Summer Game Fest 2026. Skydance New Media continues work on two previously announced projects: Marvel 1943: Rise of Hydra and an untitled Star Wars game.

Key facts

Merger blocked by temporary restraining order
A federal judge issued a 14-day temporary restraining order blocking Paramount's hostile takeover of Warner Bros. Discovery from closing on July 22.
Lawsuit brought by 12-state coalition
A 12-state coalition led by California Attorney General Rob Bonta argues the deal violates antitrust law by combining two of the top three cable programmers and two of the top five film distributors.
Preliminary injunction hearing set
A hearing for a preliminary injunction is set for August 3.
New game studio formed
Paramount Skydance announced a new internal game studio, Paramount Games Studio, consolidating two existing studios and Paramount's IP.
First AAA title reveal planned
The first AAA title from Paramount Games Studio will be revealed at Summer Game Fest 2026.
Amy Hennig appointed creative director
Amy Hennig moved from co-president of Skydance New Media to studio creative director of Paramount Games Studio.
Skydance New Media continues existing projects
Skydance New Media continues work on Marvel 1943: Rise of Hydra and an untitled Star Wars game.

Timeline

Synthesized by Yomimono from the cited Yomimono stories below, each itself sourced, then editorially reviewed. Every fact links the story it came from.

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3h ago

Judge Issues 14-Day Restraining Order on Paramount, Warner Bros. Merger

A federal judge issued a 14-day temporary restraining order on Paramount's hostile takeover of Warner Bros. Discovery, blocking the merger from closing on July 22. A 12-state coalition led by California Attorney General Rob Bonta argues the deal violates antitrust law by combining two of the top three cable programmers and two of the top five film distributors. A hearing for a preliminary injunction is set for August 3.

Jun 5

Paramount Skydance Forms Paramount Games Studio, AAA Reveal Set for Summer Game Fest

Paramount Skydance announced a new internal game studio, Paramount Games Studio, consolidating two existing studios and Paramount's IP. The first AAA title will be revealed at Summer Game Fest 2026. Amy Hennig moves from co-president of Skydance New Media to studio creative director. Skydance New Media continues work on Marvel 1943: Rise of Hydra and an untitled Star Wars game.