Paramount Warns CA AG Bonta & WGA Of WBD Merger Fallout & “Financial Consequences If Their Challenge Ultimately Fails”

Paramount is pushing for a nearly $2 billion bond from the Writers Guild of America and 11 other states in the antitrust battle over the $111 billion ParaBros merger.

• Paramount is seeking a $2 billion bond from the Writers Guild of America and 11 other states.
• The bond is related to the antitrust battle over the $111 billion ParaBros merger.
• Paramount may close the deal anyway if a federal judge doesn't rule in their favor.
• A $7-million-a-day ticking fee to Warner Bros Discovery shareholders is set to start soon.
• The deal is currently paused pending the outcome of the antitrust battle.