Tag

Bond

All articles tagged with #bond

Paramount-WBD Merger Bond Nears Fee Start Amid Job-Loss Fears
business5 days ago

Paramount-WBD Merger Bond Nears Fee Start Amid Job-Loss Fears

In Oakland, Paramount’s $1.88 billion bond tied to the Paramount-WBD antitrust merger was pushed to Sept. 24, with a ticking fee of $7 million per day possible starting Oct. 1 if the deal stalls; the bond could yield up to about $1.3 billion in payouts if the merger fails, alongside a June termination fee deadline. LA County’s Department of Economic Opportunity warns the merger could trigger thousands of LA-area film/TV jobs losses and billions in wages, value added, and tax revenue over three years. The 12-state antitrust trial is set for March 2027, with discovery ongoing and talks about two magistrate judges for settlement; financing is a mix of Larry Ellison equity and a large debt package, with WBD debt around $30B that Paramount would assume.

California AG Nixes Paramount Bond, Calls Merger Delay a Do-Over
business7 days ago

California AG Nixes Paramount Bond, Calls Merger Delay a Do-Over

California Attorney General Rob Bonta’s office rejected Paramount’s bid for a $1.88 billion bond tied to delaying the Warner Bros. merger, calling the move a “do-over” and noting Paramount knew the deal would face regulatory review and ticking-fee penalties. With a March 2 trial set, Paramount seeks either the bond to cover delays or dissolution of the deal; a 12-state coalition and the Writers Guild oppose the merger on competition grounds, while Paramount argues the case lacks merit.

Paramount seeks $1.88B bond to cover delay costs in Warner Bros. deal challenge
business7 days ago

Paramount seeks $1.88B bond to cover delay costs in Warner Bros. deal challenge

Paramount asked a federal court to require a $1.88 billion bond from states suing to block its Warner Bros. Discovery merger to cover delay costs if the deal misses its Sept. 30 close; ticking fees total about $1.7B plus about $190M in incremental financing costs, and Paramount argues the states can post the bond while the challenge plays out, with the DOJ approval expiry approaching and a March trial slated.

Paramount seeks $1.9B bond as Warner merger fight looms
business7 days ago

Paramount seeks $1.9B bond as Warner merger fight looms

Paramount urged a California judge to require the 12 state attorneys general suing to block its Warner Bros. Discovery deal to post a $1.9 billion bond, arguing ticking fees tied to the merger would cause $1.3 billion in unrecoverable costs by the time antitrust trial occurs. The bond would cover ticking fees and other costs if Paramount prevails; the court had previously waived bond, and observers view the move as pressure toward a pretrial settlement. An antitrust trial is scheduled for March, and California AG Rob Bonta’s office pushed back, saying Paramount agreed to the timing and can’t renegotiate without consequences.

Paramount seeks up to $1.9B bond to press states in Warner merger battle
business7 days ago

Paramount seeks up to $1.9B bond to press states in Warner merger battle

Paramount Skydance asks California AG Rob Bonta and 11 other states, plus the Writers Guild, to post a bond of up to about $1.9 billion to cover potential costs if their antitrust challenge to the Paramount-Warner Bros. Discovery merger delays closing, including ticking-fee obligations; the move aims to pressure regulators as the deal proceeds toward a court fight.

Paramount Seeks $1.88B Bond to Shield Losses as WBD Merger Stalls
business7 days ago

Paramount Seeks $1.88B Bond to Shield Losses as WBD Merger Stalls

Paramount Skydance moved to enforce a court-ordered bond of about $1.88 billion to cover losses from delaying its merger with Warner Bros. Discovery, arguing the hold costs financing and investment opportunities; the deal remains blocked by antitrust suits from 12 states and the Writers Guild of America, with a trial set for March 2027 and a ticking-fee running at roughly $7 million per day.

Paramount Seeks $1.88B Bond in WBD Merger Antitrust Fight
business7 days ago

Paramount Seeks $1.88B Bond in WBD Merger Antitrust Fight

Paramount filed for a federal court bond of about $1.88 billion from the state attorneys general and the Writers Guild to cover ticking-fee and financing costs tied to its Paramount–WBD merger antitrust case, arguing that each day of delay costs roughly $7 million in ticking fees and that a March 2027 trial could push total costs higher; the bond would secure potential losses if the plaintiffs lose and help offset ongoing litigation expenses.

Bond Release Hours Before Charlotte Parking-Lot Killing
crime22 days ago

Bond Release Hours Before Charlotte Parking-Lot Killing

David Simpson, 29, a repeat offender, was released from Mecklenburg County Jail on a $10,000 bond just after midnight on an unrelated weapons charge and allegedly killed a man and wounded another in a parking-space dispute at an east Charlotte apartment complex about two hours later; he faces first-degree murder and related charges, with surveillance showing him returning with a bag prior to the shooting; Simpson’s violent-crime history includes a 2013 murder charge and parole in 2020, and his girlfriend is charged as accessory after the fact; a court date is set for Aug. 21.

Bond Casting Veteran Defends Fleming’s White, Male 007
film1 month ago

Bond Casting Veteran Defends Fleming’s White, Male 007

Debbie McWilliams, who cast the last 14 James Bond films, defended Fleming’s original creature at Karlovy Vary by saying 007 should stay white and male, stressing she has never read a Bond novel. She recalled Daniel Craig’s Casino Royale casting after a global search, noted Eva Green faced initial resistance, and underscored that casting hinges on the director and script, with industry changes likely to come slowly.

IO Interactive lays off staff as Project Fantasy’s future stays on track
gaming1 month ago

IO Interactive lays off staff as Project Fantasy’s future stays on track

IO Interactive is laying off staff after ending an external partnership on its upcoming Project Fantasy, but says the game remains in development and the Bond-inspired 007 First Light franchise will continue; 007 First Light has sold around 3 million copies, while Xbox emphasizes it is rebalancing investments rather than cutting overall game spending as the next Bond project remains undecided.

Bond Audition Jitters and a Broken Rib: Famke Janssen's GoldenEye Memory
entertainment1 month ago

Bond Audition Jitters and a Broken Rib: Famke Janssen's GoldenEye Memory

Famke Janssen revealed at a Malta film festival masterclass that her London screen test for Xenia Onatopp in GoldenEye was nerve-wracking and she pushed through Bond's publicity machine; she also said she broke a rib during the bathhouse fight with Pierce Brosnan when he supposedly threw her into a padded wall, with the injury only becoming clear months later as filming continued for six months. She spoke about navigating stigma for women in action roles, choosing long-lasting projects, and even later working with Woody Allen after a psychic predicted it.