The merger between Paramount Skydance and Warner Bros. Discovery suffered a setback—a federal judge put a temporary pause on the $110 billion acquisition just one week after twelve states sued Paramount over the deal, arguing it was unlawful and would “create a media behemoth” that would damage both audiences and the industry in general. Seth Schachner, the managing director of Strat Americas, joined “Forbes Newsroom” to discuss this development and what it means for the deal.
Watch the full interview above.