Story perspectives

Paramount Seeks $1.88B Bond as Merger Fight Heads Court

9/9/2026

Summary

Story summary

Paramount Global demanded a $1.88 billion bond from 12 states and the Writers Guild.
The bond would cover damages Paramount claims it would suffer if the $111 billion Warner Bros. Discovery merger is blocked.
Judge Araceli Martinez-Olguín scheduled a hearing on the bond request for September 24.
Paramount postponed closing until a March 2, 2027 trial and preserved its legal rights.
$7 million-per-day fee to Warner Bros. Discovery shareholders starts October 1 if the deal remains unclosed.

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Story summary

Paramount Global demanded a $1.88 billion bond from 12 states and the Writers Guild.
The bond would cover damages Paramount claims it would suffer if the $111 billion Warner Bros. Discovery merger is blocked.
Judge Araceli Martinez-Olguín scheduled a hearing on the bond request for September 24.
Paramount postponed closing until a March 2, 2027 trial and preserved its legal rights.
$7 million-per-day fee to Warner Bros. Discovery shareholders starts October 1 if the deal remains unclosed.