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Judge Sets September 24 Hearing on Paramount $1.88B Bond

9/9/2026

6 1 Full Breakdown

Summary

Story summary

Paramount Skydance Corp seeks a $1.88 billion bond from 12 states and the Writers Guild.
Judge Araceli Martínez-Olguín set a September 24 hearing on the bond request.
Paramount says the states’ lawsuit could cause $1.88 billion damages and a $7 million daily ticking fee.
The ticking fee begins on October 1 if the merger remains unclosed.
California Attorney General Rob Bonta and other state AGs argue the bond would shift costs to taxpayers.

History

Historical Context

The 1998 United States v. Microsoft antitrust suit, prosecuted by the DOJ, found Microsoft abusing its Windows monopoly and later resulted in penalties such as a €497 million EU fine in 2004. Those remedies included compliance requirements that regulators now consider for future deals, which California Attorney General Rob Bonta cites while challenging Paramount Skydance’s $1.88 billion bond request.

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Story summary

Paramount Skydance Corp seeks a $1.88 billion bond from 12 states and the Writers Guild.
Judge Araceli Martínez-Olguín set a September 24 hearing on the bond request.
Paramount says the states’ lawsuit could cause $1.88 billion damages and a $7 million daily ticking fee.
The ticking fee begins on October 1 if the merger remains unclosed.
California Attorney General Rob Bonta and other state AGs argue the bond would shift costs to taxpayers.

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