Paramount on Monday asked a judge to require 12 states and the Writers Guild of America to put up a nearly $1.9 billion bond for challenging its acquisition of Warner Bros. Discovery, money that would go to the company if it ultimately wins the case.
The aggressive maneuver came in a motion arguing that the plaintiffs should be held financially responsible for damages Paramount suffers during litigation seeking to block the $81 billion deal.
Paramount specifically wants the bond to cover the roughly $7 million-a-day, or $650 million-a-quarter, ticking fee it will owe Warner shareholders if the deal hasn’t closed by Oct. 1.
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