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David Ellison's Paramount seeks $1.88B bond from WBD merger challengers

Paramount Skydance logoParamount Skydance
Sig4.78Sen-6.45Env0.00Soc0.00Gov-3.25
Warner Bros. Discovery logoWarner Bros. Discovery
Sig4.20Sen-3.10Env0.00Soc-1.20Gov-4.40

David Ellison’s Paramount Skydance is pausing its Warner Bros. Discovery acquisition after lawsuits from California and 11 other states plus the Writers Guild of America alleging the deal is anticompetitive. A federal judge set an early-March trial date and Paramount now seeks a $1.88 billion bond from the challengers. The company also faces nearly $7 million per day in ticking fees from Oct. 1, estimated at $1.3 billion by trial end, while it misses cost savings from closing.

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