Paramount Asks States to Shoulder Costs of Delaying Warner Bros. Deal

Paramount’s $111 billion deal to acquire Warner Bros. Discovery has been postponed until the conclusion of a trial, scheduled for March.

By Lauren Hirsch and Benjamin Mullin

Paramount demands $1.9 billion to cover fees over states' merger lawsuit

Following its merger with Warner Bros., Paramount is demanding that California and other US states suing to block the merger put up the funds to cover fees the company must pay if the deal is delayed.

CNN staffers brace for Paramount CEO's potential plan to launch editorial board to oversee network

CNN staffers push back on David Ellison's proposed editorial board amid the looming Paramount-Warner Bros. Discovery merger, with one calling it "useless at best."

Paramount seeks $1.88 billion bond from state AGs to cover costs of WBD merger delay

Paramount agreed to delay its proposed acquisition of WBD to as late as June 2027 while the state AGs' case heads to trial.

David Ellison's Paramount wants its WBD merger challengers to put up nearly $1.9 billion

Paramount Skydance CEO David Ellison wants California Attorney General Rob Bonta's state and its counterparts to post a bond to cover the merger delay costs. Angela Weiss/AFP via Getty Images; Mel Melcon / Los Angeles Times via Getty Images Paramount Skydance wants the states and writers suing to stop its WBD deal to post a nearly $1.9 billion bond. David Ellison's company will owe about $7 million per day that the deal doesn't close, starting October 1. An entertainment lawyer said it's "ve...

Paramount seeks $1.88 billion bond from state AGs over merger lawsuit

California A.G. Rejects $1.88 Billion Paramount Bond, Says Company Wants a ‘Do-Over’ on Merger Delay

The California attorney general’s office fired back against Paramount’s request for a $1.88 billion bond on Monday, saying the company is seeking a “do-over” on its agreement to delay the Warner Bros. merger until an antitrust trial next March. In a statement, the A.G.’s office argued that Paramount is a “sophisticated” company that knew it […]

By Gmaddaus

Paramount Demands That States Post $1.88 Billion Bond Amid Warner Bros. Antitrust Suit

The David Ellison-led company says that the state AG plaintiffs are required to post the bond "so that if they lose, the injured party has a source of recovery for the damage caused."

By Alex Weprin

Put Up Or Shut Up! Paramount Demands A Very, Very Big Bond From AGs & WGA Over Costs Of “Roadblock” Antitrust Suit On WBD Merger

Paramount finally is getting serious in its standoff with blue state attorneys general and the Writers Guild of America over the antitrust action aimed at shattering David Ellison’s $111 billion deal to meld Warner Bros Discovery with the home of The Godfather. In the deepest sense of an offer they can’t refuse, make that $1.88 […]

By Dominic Patten

Paramount Skydance seeks $1.88B bond from plaintiffs blocking Warner merger