Drooid Logo
Back to today’s briefing

Story perspectives

Paramount Seeks $1.88B Bond in States’ Antitrust Suit

By Drooid · · How we work

1 1 Full Breakdown

1 of 1

Story summary
  • Paramount Pictures' lawyers filed a response to the 12-state antitrust lawsuit over the Warner Bros. Discovery merger.
  • Paramount argues the states lack authority because merger regulation resides with the U.S. Department of Justice.
  • Paramount will contest the states’ market definitions as gerrymandered and based on cherry-picked data.
  • A judge will hear Paramount’s request for a $1.88 billion bond on Sept. 24.