Paramount Skydance Moves to Protect Against Costs of Delay as WBD Merger Is Ready to Close
The company says the delay could cost as much as $1.88 billion and argues the plaintiffs should cover those losses while the merger fight continues.
- On Tuesday, Paramount Skydance Corporation asked a federal judge to require state attorneys general and the Writers Guild of America to post a bond covering potential losses from lawsuits delaying the $110 billion acquisition of Warner Bros. Discovery.
- California Attorney General Rob Bonta and 11 other state attorneys general filed the federal antitrust lawsuit in July, alleging the combination would reduce competition; the WGA separately argued the merger would harm industry job stability.
- Citing the Clayton Act and Rule 65, Paramount stated it has secured clearances from 69 jurisdictions and faces up to $1.88 billion in damages from delay, arguing plaintiffs must accept financial responsibility if their challenge ultimately fails.
- The California Attorney General's Office rejected the motion, stating, "We believe Paramount's motion has no merit," and signaled intent to present their case at the September 24th hearing.
- While officials like Los Angeles Mayor Karen Bass have urged settlement, the merger cannot proceed until June 1, 2027, or until a court decision, leaving the transaction in extended limbo.
32 Articles
32 Articles
AG Ford’s Netflix Ties Raise Questions About Paramount Lawsuit
Billy Walker of Douglas County, Nevada Nevada Attorney General Aaron Ford is helping California’s Attorney General Rob Bonta lead a 12-state lawsuit to stop Paramount from buying Warner Bros. Discovery. He says the deal would give one company too much control over movies and cable channels. Netflix has been one
Paramount Wants California & Others to Pay $1.88 Billion Bond Over Its Lawsuit
Paramount Skydance has again pressed a federal court to require 12 states and the Writers Guild of America to post a $1.88 billion bond in connection with lawsuits seeking to block the company’s planned acquisition of Warner Bros. Discovery. The demand comes as the studio argues it faces mounting financial damage if the deal remains […]
Paramount Asks Court for Bond in Warner Bros. Merger Fight
Paramount Skydance Corporation Tuesday asked a federal judge to require state attorneys general and the Writers Guild of America to post a bond to cover potential losses stemming from lawsuits that have delayed the company’s proposed $110 billion acquisition of Warner Bros. Discovery. Paramount filed reply briefs Tuesday in support of its request, saying it […]
The Courier-Tribune
Paramount Skydance Moves to Protect Against Costs of Delay as WBD Merger Is Ready to Close
LOS ANGELES and NEW YORK, Sept. 8, 2026 /PRNewswire/ -- Today, Paramount Skydance Corporation (NASDAQ: PSKY) filed reply briefs in support of its request that the district court enforce the requirement that the State Attorneys General and the Writers Guild…
Paramount Skydance is demanding financial guarantees from the plaintiffs in the lawsuit blocking its acquisition of Warner Bros. Discovery, citing costs associated with the delay.
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