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Judge Orders Paramount $1.88B Bond, Sets Merger Trial

8/17/2026

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Story summary
  • Judge Araceli Martinez-Olguin ordered Paramount to post a $1,884,726,092.73 bond by September 30, 2026 and set antitrust trial for Paramount-Warner Bros. merger to start March 2, 2027.
  • Paramount will pay a $7 million fee from October 1, 2026, reaching $1.3 billion by March 2027 trial, and faces $190 million financing if the merger closes after June 1, 2027.
  • California Attorney General Rob Bonta said states want a settlement but will reject deal that lets companies break the law.