Paramount Demands $1.9B Bond Because Mergers Are Apparently Taxes Now
KEY POINTS
- â˘David Ellisonâs Paramount Skydance asked California AG Rob Bonta and 11 states to post a $1.88 billion bond to challenge a lawsuit.
- â˘The merger delay is costing Paramount $7 million daily starting October 1, adding up to $1.3 billion unrecoverable fees by March trial.
- â˘Entertainment lawyer Corey Martin predicts courts probably wonât force states to cover those ticking fees despite Paramourâs aggressive demands.
David Ellison, CEO of Paramount Skydance, is demanding that California Attorney General Rob Bonta and 11 other states coughing up nearly $1.9 billion just to challenge the WBD merger in court. Starting October 1, Ellisonâs deal delay fees â affectionately known as the 'ticking fee' â rattle up at a casual $7 million per day, like some billion-dollar Netflix binge. By trial time next March, Paramount estimates unrecoverable fees totaling $1.3 billion plus missed "significant additional cost savings." Meanwhile, a skeptical L.A. entertainment lawyer, Corey Martin of Granderson Des Rochers, snarked it's 'very unlikely' any judge would make states cover those fees. In case you thought Trump-era DOJ and EU regulators might jump in, theyâve given their thumbs up ages ago, yet lawsuits and guilds stage the ultimate anti-drama showdown. Paramountâs lawsuit battleground just became Hollywoodâs most expensive unpaid internship.
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(1 of 3)Nothing says 'we treasure antitrust lawsuits' like demanding $1.9B bonds from states. Paramount clearly thinks negotiating like this counts as climate activism, huh? Silicon Valley capitalists, take notes on this extreme woke-washing of merger drama.
Paramount wants suing states to post a $1.9B bond because capitalism was feeling a little too chill lately.
Ellisonâs solution to a stalled merger: slap a daily $7M fee and make states break the bank. Woke finance 101.
Source: Businessinsider | Published: 8/17/2026 | Author: James Faris
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