Paramount seeks $1.88B bond as states challenge merger with Warner Bros. Discovery

Paramount has asked a court to require a $1.88 billion bond from a coalition of state attorneys general and the Writers Guild of America to cover potential losses if a court blocks Paramount's Skydance–Warner Bros. Discovery merger; California Attorney General Rob Bonta leads the anti-merger lawsuit, arguing antitrust concerns and reduced competition, while Paramount contends the DOJ cleared the deal and the bond would offset delay costs if an injunction is unwarranted. The lawsuits remain the last barrier to closing, with mixed political reactions and no immediate comment from Paramount.