Paramount Skydance Files Motion Requiring 12 States and WGA to Post $1.88 Billion Bond
Paramount Skydance filed a court motion on August 17, 2026, asking 12 state attorneys general and the Writers Guild of America to post a $1,884,726,092.73 bond by September 30 or see the existing merger standstill order dissolved. The bond figure is built from a $6.97 million daily ticking fee accumulating through June 2027 and $190 million in incremental financing costs, with Paramount projecting $1.3 billion in unrecoverable losses by the April 2027 post-trial brief deadline. The California Attorney General's office responded publicly that Paramount and Warner Bros. Discovery knowingly agreed to the ticking-fee structure and had previously stipulated to the timeline without requesting a bond.