Paramount Requests States and WGA Be Required to Post $1.9 Billion Bond to Cover Financial Losses While Warner Bros. Merger Is Stuck on Hold Pending Trial

By Todd Spangler

Todd Spangler

NY Digital Editor

Latest

• Paramount Requests States and WGA Be Required to Post $1.9 Billion Bond to Cover Financial Losses While Warner Bros. Merger Is Stuck on Hold Pending Trial 28 minutes ago
• Instagram Head of Product Design Explains Thinking Behind That New Logo and Responds to Critics: ‘It’s Important for Us to Embrace the Future’ 1 hour ago
• CBS News Chief Correspondent Matt Gutman Accused of Harassment Over ‘Sexualized’ Comments by Former ABC Field Producer 3 days ago

David Ellison’s Paramount Skydance asked the judge overseeing the antitrust lawsuits filed by 12 states and the WGA to force the plaintiffs to pony up a whopping $1.88 billion bond to cover the company’s losses related to the delay in its merger with Warner Bros. Discovery.

Paramount filed the motion Monday with Judge Araceli Martinez-Olguin, who has scheduled a trial start date of March 2, 2027. The $1.88 billion would be payable to Paramount in the event Paramount prevails in the antitrust litigation.

Related Stories

Alessandra Sanguinetti on Her Dreamy, Grounded Directorial Debut ‘The Illusion of an Everlasting Summer’