A Delaware judge has declined to issue a temporary restraining order (TRO) to block the merger between Paramount Global and Skydance Media, but has agreed to expedite an investor lawsuit against the deal. The lawsuit, filed by a group of New York City pension funds, argues that Paramount's board, led by Shari Redstone, failed to consider a higher $13.5 billion offer from Project Rise Partners in favor of the $8 billion Skydance deal. The judge set an accelerated schedule for the lawsuit, aiming for a ruling on an injunction by April 7, 2025. This decision comes as the merger awaits approval from the Federal Communications Commission (FCC), with a current end date of April 7 that could be extended. Separately, Paramount and CBS have moved to dismiss a $20 billion lawsuit filed by President Donald Trump against CBS over a '60 Minutes' interview with Kamala Harris. The companies argue that the lawsuit is an 'affront to the First Amendment' and lacks merit, seeking to dismiss it on both First Amendment grounds and for improper venue in Texas.