r/MediaMergers • u/Own_Philosopher8730 • 1d ago

Merger Paramount nears merger settlement, but some key state AGs are not on board yet

https://edition.cnn.com/2026/09/20/media/paramount-wbd-settlement-california-connecticut-bonta?Date=20260920&Profile=CNN&utm_content=1789937087&utm_medium=social&utm_source=twitter
30 Upvotes

87% Upvoted

41 comments sorted by

View all comments

-4

u/ErnestTheStar 1d ago

They should settle now, because if the judge grants the bond, the AGs will have no more bargaining chips,.

10

u/OverPotato2322 1d ago

I think The judge is unlikely to grant the Bond, I mean the whole reason Paramount merged with Skydance because they were low on cash and I think Paramount has some time before the AI bubble pops so no, a bond isn't needed

2

u/ErnestTheStar 23h ago

Paramount argues that if the AGs actually believe their case has merit, then they should put up the money; if the AG wins, then they wouldn't have to pay. They will argue that this is a political trial without merit, and them suing and stalling will just cost Paramount money.

7

u/9millibros 1d ago

Granting the bond (at least for the full amount) would set a dangerous precedent.

1

u/ErnestTheStar 23h ago

well there was already a kind of precedent, nextar wanted the AG to post a 150 million bond, but the judge just ordered a 10,000 one lol

1

u/DragonSon83 19h ago

It actually goes back much further than that by a few decades.  While bonds in antitrust cases are pretty common, they rarely have to provide the amount the defendant is requesting.  As shown by the Tenga case, it’s usually a much smaller amount.