Paramount Skydance announced that it was halting its merger with Warner Bros. Discovery until July of next year after a lawsuit from Democratic states. Paramount is also facing a lawsuit from the Writers Guild of America, which argues that the merger would lead to job losses for screenwriters and journalists. Paramount Skydance is run by David Ellison, whose father, Larry Ellison, is the billionaire founder of Oracle and a prominent ally and financial backer of President Trump. Under the proposed deal, CNN and CBS News, streaming services HBO Max and Paramount+, as well as film and television studios, would all be combined under a single entity controlled by the Ellisons.