{"publisher":{"name":"MediaBias News","url":"https://mediabias.news","methodology":"https://mediabias.news/methodology","editorialPrinciples":"https://mediabias.news/editorial-principles","corrections":"https://mediabias.news/corrections"},"scoreGuide":{"trust":"How well corroborated and evidenced the source reporting is. 0-100, higher is better.","critic":"Craft quality of the source journalism: context, balance, fact vs comment. 0-100, higher is better.","hype":"How far the source presentation runs ahead of substance. 0-100, LOWER IS BETTER.","scope":"Scores assess the original reporting this article was written from, not the truth of the underlying event and not the quality of this write-up."},"assessmentGuide":{"type":"coverage-and-source-reporting-analysis","factCheck":{"status":"not-performed","note":"Media Bias News compares coverage and scores the source reporting. It does not currently publish a ClaimReview verdict on whether the underlying event or claim is true."},"sourceFactuality":{"note":"Factuality values describe published ratings of the outlets that covered the story. They are not a factuality verdict on this story or its claims."}},"story":{"id":"https://mediabias.news/business/paramount-seeks-188bn-bond-from-state-ags-to-cover-warner-bros-merger-delay-cost","slug":"paramount-seeks-188bn-bond-from-state-ags-to-cover-warner-bros-merger-delay-cost","url":"https://mediabias.news/business/paramount-seeks-188bn-bond-from-state-ags-to-cover-warner-bros-merger-delay-cost","title":"Paramount seeks $1.88bn bond from state AGs to cover Warner Bros merger delay costs","subtitle":"Twelve states suing to block the $110bn deal must post security for ticking fees and financing costs, the company told a judge","excerpt":"Paramount Skydance asked a U.S. judge to require 12 state attorneys general to post a $1.88 billion bond to cover costs of delaying its $110 billion merger with Warner Bros Discovery. The states sued in July 2026, alleging antitrust violations, and a trial is set for March 2027.","category":"Business & Economy","area":"United States","publishedAt":"2026-08-17T19:46:44.332Z","sourceReportedAt":"2026-08-17T19:07:16.653Z","updatedAt":"2026-08-18T00:16:04.912Z","readTime":"5 min read","scores":{"trust":78,"critic":65,"hype":15,"notes":{"trust":"Two full reports and seven digests corroborate the $1.88 billion bond request.","critic":"Full reports quote affected parties; digests lack depth.","hype":"Headlines are measured; digests avoid sensationalism."}},"tags":["#ParamountWarnerMerger","#AntitrustLawsuit","#MediaMergers","#TickingFees","#StateAGs","#CorporateLitigation"],"entities":["Paramount Skydance","Warner Bros Discovery","Rob Bonta","U.S. Department of Justice","Writers Guild of America","California"],"body":[{"type":"key_takeaways","items":["Paramount Skydance requested a judge require 12 state attorneys general to post a $1.88 billion bond to cover costs of delaying its $110 billion merger with Warner Bros Discovery.","The bond request cites ticking fees of $0.25 per Warner Bros share per quarter, which could total $1.3 billion by the trial’s end in March 2027.","The states, led by California, sued in July 2026 alleging the merger would violate antitrust laws by reducing competition in film and cable TV.","A court order bars the merger from closing until at least June 1, 2027, while the trial is scheduled for March 2 to 19, 2027."]},{"type":"paragraph","text":"Paramount Skydance asked a U.S. judge to require 12 state attorneys general to post a $1.88 billion bond to cover costs of delaying its $110 billion merger with Warner Bros Discovery. The request, filed on 16 August 2026, cites ticking fees and financing costs that Paramount would incur if the deal is not completed by 30 September 2026."},{"type":"paragraph","text":"The states, led by California Attorney General Rob Bonta, sued Paramount and Warner Bros Discovery in July 2026, alleging the merger would violate the Clayton Antitrust Act. A court order bars the companies from closing the deal until at least 1 June 2027. The trial is scheduled for 2 to 19 March 2027."},{"type":"paragraph","text":"Paramount stated it has received regulatory approvals from 68 jurisdictions, including the U.S. Department of Justice and Mexico. The company agreed to pay Warner Bros Discovery shareholders an additional $0.25 per share per quarter as a ticking fee if the deal is delayed past 30 September 2026."},{"type":"heading","text":"What the reports disagree on"},{"type":"paragraph","text":"The reports differ on the exact figure Paramount cited for ticking fees by the trial’s end. CNBC reported Paramount stated it would have paid Warner Bros Discovery shareholders $1.3 billion in ticking fees alone by the time the trial concludes. Market Business News did not specify a total figure but noted the ticking fee could reach $650 million per quarter."},{"type":"heading","text":"What the coverage left out"},{"type":"paragraph","text":"None of the right-rated digests mentioned the Writers Guild of America’s parallel lawsuit or the regulatory clearances Paramount had secured. The centre-rated Reuters digest did not specify the costs the bond was intended to cover. None of the digests from left-rated outlets named the 12 states involved in the lawsuit, though CNBC’s full report listed them."}],"basedOn":[{"sourceName":"연합뉴스-Yonhap News Agency","url":"https://yna.co.kr/view/AKR20260819015300075","headline":"Paramount's Counterattack... Demands 3 Trillion Won Deposit From 12 States Including California","angle":"","publishedAt":"2026-08-18T23:14:29.000Z"},{"sourceName":"BFM TV","url":"https://bfmtv.com/economie/international/paramount-reclame-une-caution-de-1-9-milliard-de-dollars-aux-douze-etats-americains-s-opposant-a-son-rachat-de-warner-bros_AD-202608180047.html","headline":"Paramount Claims a $1.9 Billion Bond From the Twelve US States Opposing Its Acquisition of Warner Bros","angle":"","publishedAt":"2026-08-18T16:53:42.122Z"},{"sourceName":"Newser","url":"https://newser.com/story/394833/paramount-to-states-blocking-merger-pay-188b.html","headline":"Paramount to States Blocking Merger: Pay $1.88B","angle":"","publishedAt":"2026-08-18T16:13:27.365Z"},{"sourceName":"The Week","url":"https://theweek.com/business/will-paramount-leave-hollywood-to-save-warner-bros-merger","headline":"Will Paramount leave Hollywood to save the Warner Bros. merger?","angle":"","publishedAt":"2026-08-18T15:52:50.000Z"},{"sourceName":"Publico","url":"https://publico.pt/2026/08/18/culturaipsilon/noticia/paramount-pede-caucao-162-mil-milhoes-dolares-impasse-compra-warner-2185396","headline":"Paramount Demands a $1.62 Billion Security Deposit Due to the Impasse in the Purchase of Warner Bros.","angle":"","publishedAt":"2026-08-18T15:46:45.381Z"},{"sourceName":"Realscreen","url":"https://realscreen.com/2026/08/18/paramount-files-motion-for-1-88bn-bond-amid-ongoing-state-antitrust-trial","headline":"Paramount files motion for $1.88bn bond amid ongoing state antitrust trial","angle":"","publishedAt":"2026-08-18T15:12:03.000Z"},{"sourceName":"L'Opinion","url":"https://lopinion.fr/international/la-riposte-a-1-9-milliard-de-paramount-face-aux-etats-et-aux-scenaristes-qui-veulent-bloquer-sa-fusion-avec-warner","headline":"The Response to 1.9 Billion Paramount Against States and Writers Who Want to Block Its Merger with Warner","angle":"","publishedAt":"2026-08-18T13:00:00.000Z"},{"sourceName":"Journal du Geek","url":"https://journaldugeek.com/2026/08/18/paramount-reclame-une-somme-colossale-a-certains-etats-americains","headline":"Paramount Claims Colossal Money From some American States","angle":"","publishedAt":"2026-08-18T12:04:08.000Z"},{"sourceName":"turi2","url":"https://turi2.de/aktuell/basta-paramount-will-warner-aktionaere-mit-staatsgeld-begluecken","headline":"Basta: Paramount Wants to Make Warner Shareholders Happy with State Money.","angle":"","publishedAt":"2026-08-18T11:55:45.000Z"},{"sourceName":"Moncloa","url":"https://moncloa.com/2026/08/18/fusion-warner-paramount-1900-millones-3417214","headline":"Paramount Demands 1.9 Billion From U.S. States for Delayed Warner Paramount Merger","angle":"","publishedAt":"2026-08-18T10:35:39.000Z"},{"sourceName":"La Razón","url":"https://larazon.es/television/paramount-exige-fianza-1880-millones-dolares-12-estados-sindicato-guionistas-estados-unidos-wga-que-estan-paralizando-fusion-warner-bros_202608186a842e59a5690f0473804f50.html","headline":"Paramount Demands a $1.88 Billion Bail From the 12 States and the U.S. Writers Union (WGA) that Are Paralyzing Its Merger with Warner Bros.","angle":"","publishedAt":"2026-08-18T10:05:13.000Z"},{"sourceName":"Eldiario.es","url":"https://eldiario.es/economia/paramount-pide-1-900-millones-demandantes-han-frenado-fusion-warner-bros_1_13452788.html","headline":"Paramount Demands 1.9 Billion From Plaintiffs Who Have Halted Their Merger with Warner Bros.","angle":"","publishedAt":"2026-08-18T07:19:41.000Z"},{"sourceName":"BizToc","url":"https://biztoc.com/x/876bf33fcd9db986","headline":"Paramount Demands That States Post $1.88 Billion Bond Amid Warner Bros. Antitrust Suit","angle":"","publishedAt":"2026-08-18T06:04:15.000Z"},{"sourceName":"Sud Ouest","url":"https://sudouest.fr/international/rachat-de-warner-bros-paramount-reclame-une-caution-de-1-9-milliard-de-dollars-aux-etats-qui-s-opposent-a-la-fusion-30292715.php","headline":"Repurchase of Warner Bros: Paramount Claims $1.9 Billion Bail From States that Oppose the Merger","angle":"","publishedAt":"2026-08-18T05:53:14.000Z"},{"sourceName":"Le Temps","url":"https://letemps.ch/economie/paramount-reclame-une-caution-de-1-88-milliard-de-dollars-aux-etats-americains-s-opposant-au-rachat-de-warner","headline":"Paramount Claims $1.88 Billion Bail From US States Opposing Warner's Takeover","angle":"","publishedAt":"2026-08-18T04:28:09.000Z"},{"sourceName":"Times of India","url":"https://economictimes.indiatimes.com/news/international/world-news/paramount-seeks-1-88-billion-bond-from-us-state-ags-over-merger-lawsuit/articleshow/133311231.cms","headline":"Paramount seeks $1.88 billion bond from US state AGs over merger lawsuit","angle":"","publishedAt":"2026-08-18T04:11:00.000Z"},{"sourceName":"The Epoch Times","url":"https://theepochtimes.com/us/paramount-asks-judge-to-order-states-to-post-1-9-billion-bond-for-trial-delay-6076238","headline":"Paramount Asks Judge to Order States to Post $1.9 Billion Bond for Trial Delay","angle":"","publishedAt":"2026-08-18T03:37:13.000Z"},{"sourceName":"BT","url":"https://bt.dk/udland/paramount-vil-have-delstater-til-at-stille-garanti-under-retssag","headline":"Paramount Wants States to Provide Guarantees During Lawsuit","angle":"","publishedAt":"2026-08-18T03:13:44.000Z"},{"sourceName":"Kristeligt Dagblad","url":"https://kristeligt-dagblad.dk/udland/paramount-vil-have-delstater-til-stille-garanti-under-retssag","headline":"Paramount Wants States to Provide Guarantees During Lawsuit","angle":"","publishedAt":"2026-08-18T03:12:01.000Z"},{"sourceName":"avisendanmark.dk","url":"https://avisendanmark.dk/udland/paramount-vil-have-delstater-til-at-stille-garanti-under-retssag","headline":"Paramount Wants States to Provide Guarantees During Lawsuit","angle":"","publishedAt":"2026-08-18T03:10:03.000Z"},{"sourceName":"unn.ua","url":"https://unn.ua/news/paramount-vymahaie-vid-12-shtativ-zastavu-na-dollar19-mlrd-cherez-pozov-proty-zlyttia-z-warner-bros","headline":"Paramount Demands $1.9 Billion From 12 States over Lawsuit Against Merger with Warner Bros.","angle":"","publishedAt":"2026-08-18T02:39:15.000Z"},{"sourceName":"Tekedia","url":"https://tekedia.com/prediction-markets-still-see-paramount-as-likely-winner-in-warner-bros-takeover-battle","headline":"Prediction Markets Still See Paramount as Likely Winner in Warner Bros. Takeover Battle","angle":"","publishedAt":"2026-08-18T01:57:49.000Z"},{"sourceName":"TAG24","url":"https://tag24.com/en/entertainment/paramount-demands-1-9-billion-in-bold-retaliation-over-states-lawsuit-to-block-warner-bros-merger-3524924","headline":"Paramount demands $1.9 billion in bold retaliation over states' lawsuit to block Warner Bros merger","angle":"","publishedAt":"2026-08-18T01:46:00.000Z"},{"sourceName":"Radio-Canada","url":"https://ici.radio-canada.ca/nouvelle/2275905/paramount-caution-opposition-rachat-warner","headline":"Paramount Replies to States Opposed to Warner's Takeover","angle":"","publishedAt":"2026-08-18T00:57:58.000Z"},{"sourceName":"Washington Top News","url":"https://wtop.com/news/2026/08/paramount-exige-fianza-de-us-1-900-millones-de-los-fiscales-generales-estatales-que-se-oponen-a-la-fusion-con-warner-bros","headline":"Paramount Demands $1.9 Billion Bail From State Attorneys General Who Oppose the Merger with Warner Bros.","angle":"","publishedAt":"2026-08-18T00:08:00.000Z"},{"sourceName":"Local 3 News","url":"https://local3news.com/regional-national/en-espanol/paramount-exige-fianza-de-us-1-900-millones-de-los-fiscales-generales-estatales-que-se/article_08b26073-9878-58c0-8fa8-e0b24bd3b823.html","headline":"Paramount Demands $1.9 Billion Bail From State Attorneys General Who Oppose the Merger with Warner Bros.","angle":"","publishedAt":"2026-08-18T00:02:57.000Z"},{"sourceName":"RTS","url":"https://rts.ch/info/economie/2026/article/paramount-reclame-1-9-milliard-de-dollars-a-12-etats-americains-29331126.html","headline":"Paramount Claims $1.9 Billion From 12 US States","angle":"","publishedAt":"2026-08-17T23:44:37.000Z"},{"sourceName":"KYMA","url":"https://kyma.com/news/california-news/2026/08/17/paramount-seeks-nearly-1-9-billion-bond-over-wbd-merger-delay","headline":"Paramount seeks nearly $1.9 billion bond over WBD merger delay","angle":"","publishedAt":"2026-08-17T23:37:16.000Z"},{"sourceName":"focoinformativo.site","url":"https://focoinformativo.site/paramount-exige-1-900-millones-a-sus-demandantes-por-perdidas-al-paralizarse-el-caso","headline":"Paramount Demands 1.9 Billion From Its Plaintiffs for Losses by Paralysing the Case - Information Focus","angle":"","publishedAt":"2026-08-17T23:36:48.000Z"},{"sourceName":"EFE","url":"https://efe.com/economia/2026-08-18/paramount-exige-dinero-perdidas-demanda-antimonopolio","headline":"Paramount Demands $1.9 Billion From Its Plaintiffs for Losses when the Case Is Paralysed","angle":"","publishedAt":"2026-08-17T23:31:19.000Z"},{"sourceName":"Le Monde","url":"https://lemonde.fr/economie/article/2026/08/18/paramount-exige-une-caution-de-1-9-milliard-de-dollars-aux-12-etats-americains-s-opposant-a-sa-fusion-avec-warner-bros_6748550_3234.html","headline":"Paramount Claims a $1.9 Billion Bond From the Twelve US States Opposed to Its Merger with Warner Bros","angle":"","publishedAt":"2026-08-17T23:29:25.157Z"},{"sourceName":"Breitbart","url":"https://breitbart.com/entertainment/2026/08/17/paramount-asks-states-to-shoulder-1-9-billion-cost-of-fees-as-antitrust-lawsuit-delays-warner-bros-deal","headline":"Paramount Asks States to Shoulder $1.9 Billion Cost of 'Fees' as Antitrust Lawsuit Delays Warner Bros. Deal","angle":"","publishedAt":"2026-08-17T22:52:42.000Z"},{"sourceName":"Free Malaysia Today News","url":"https://freemalaysiatoday.com/category/leisure/2026/08/18/paramount-demands-us-1-9bil-surety-over-states-merger-lawsuit","headline":"Paramount demands US$1.9bil surety over states’ merger lawsuit","angle":"","publishedAt":"2026-08-17T22:50:02.000Z"},{"sourceName":"communicationsdaily.com","url":"https://communicationsdaily.com/news/2026/08/17/Paramount-All-Regulatory-Approvals-Needed-for-WBD-Deal-Are-in-Hand-2608140062","headline":"Paramount: All Regulatory Approvals Needed for WBD Deal Are in Hand","angle":"","publishedAt":"2026-08-17T22:33:03.023Z"},{"sourceName":"The Seattle Times","url":"https://seattletimes.com/business/paramount-demands-1-9-billion-from-states-including-wa-over-warner-deal-delays","headline":"Paramount demands $1.9B from states, including WA, over Warner deal delays","angle":"","publishedAt":"2026-08-17T22:32:20.000Z"},{"sourceName":"The San Joaquin Valley Sun","url":"https://sjvsun.com/u-s/paramount-seeks-bond-from-states-over-warner-bros-merger-delay","headline":"Paramount seeks bond from states over Warner Bros. merger delay","angle":"","publishedAt":"2026-08-17T22:26:11.000Z"},{"sourceName":"France24","url":"https://france24.com/en/live-news/20260817-paramount-demands-1-9-billion-surety-over-states-merger-lawsuit","headline":"Paramount demands $1.9 billion surety over states' merger lawsuit","angle":"","publishedAt":"2026-08-17T22:15:13.000Z"},{"sourceName":"rtl.lu","url":"https://today.rtl.lu/news/world/paramount-demands-1-9-billion-surety-over-states-merger-lawsuit-2006306999","headline":"Paramount demands $1.9 billion surety over states' merger lawsuit","angle":"","publishedAt":"2026-08-17T22:13:29.000Z"},{"sourceName":"coastaltvnews.com","url":"https://coastaltvnews.com/business/paramount-demands-1-9-billion-surety-over-states-merger-lawsuit/article_51152a55-c474-59a8-9862-173cab9f7f43.html","headline":"Paramount demands $1.9 billion surety over states' merger lawsuit","angle":"","publishedAt":"2026-08-17T22:13:29.000Z"},{"sourceName":"Les Affaires","url":"https://lesaffaires.com/sans-section/paramount-reclame-une-caution-de-19gus-aux-etats-sopposant-a-son-rachat-de-warner","headline":"Paramount Claims US$1.9 Billion From States Opposing Its Acquisition of Warner","angle":"","publishedAt":"2026-08-17T21:56:52.000Z"},{"sourceName":"ouest-france.fr","url":"https://ouest-france.fr/cinema/paramount-reclame-une-caution-de-1-9-milliard-de-dollars-aux-etats-sopposant-a-son-rachat-de-warner-87b52790-9a82-11f1-8c29-31ba9300fba3","headline":"Paramount Claims $1.9 Billion From States Opposing Its Acquisition of Warner","angle":"","publishedAt":"2026-08-17T21:39:51.000Z"},{"sourceName":"Le Figaro","url":"https://lefigaro.fr/societes/paramount-reclame-une-caution-de-1-9-milliard-de-dollars-aux-etats-americains-s-opposant-a-son-rachat-de-warner-20260817","headline":"Paramount Claims $1.9 Billion Bail From US States Opposing Its Takeover of Warner","angle":"","publishedAt":"2026-08-17T21:37:27.000Z"},{"sourceName":"La Presse","url":"https://lapresse.ca/affaires/2026-08-17/rachat-de-warner/paramount-reclame-une-caution-de-1-9-milliard-de-dollars-aux-etats-s-opposant-a-la-fusion.php","headline":"Warner's Repurchase of Paramount Claims a $1.9 Billion Bond From States Opposing the Merger","angle":"","publishedAt":"2026-08-17T21:34:51.000Z"},{"sourceName":"ComingSoon.net","url":"https://comingsoon.net/movies/news/2177664-paramount-seeks-bond-fees-warner-bros-discovery-merger-delay","headline":"Paramount Wants Suing States & WGA to Pay Fees for Warner Bros. 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Merger Delay Costs","angle":"","publishedAt":"2026-08-17T21:22:28.000Z"},{"sourceName":"KIFI","url":"https://localnews8.com/money/cnn-business-consumer/2026/08/17/paramount-wants-a-1-9-billion-bond-from-state-ags-fighting-the-warner-bros-merger","headline":"Paramount wants a $1.9 billion bond from state AGs fighting the Warner Bros. merger","angle":"","publishedAt":"2026-08-17T21:18:12.000Z"},{"sourceName":"KRDO","url":"https://krdo.com/news/2026/08/17/paramount-wants-a-1-9-billion-bond-from-state-ags-fighting-the-warner-bros-merger","headline":"Paramount wants a $1.9 billion bond from state AGs fighting the Warner Bros. merger","angle":"","publishedAt":"2026-08-17T21:18:12.000Z"},{"sourceName":"KEYT","url":"https://keyt.com/news/money-and-business/cnn-business-consumer/2026/08/17/paramount-wants-a-1-9-billion-bond-from-state-ags-fighting-the-warner-bros-merger","headline":"Paramount wants a $1.9 billion bond from state AGs fighting the Warner Bros. 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on its calculation of ticking fees and other costs it will have to pay due to the WBD deal delay (Lillian Rizzo/CNBC)","angle":"","publishedAt":"2026-08-17T19:30:00.000Z"},{"sourceName":"Lodinews.com","url":"https://lodinews.com/entertainment/article_7cf17994-bc30-579b-a702-6ac62a3a2468.html","headline":"Paramount demands $1.9 billion from states, citing Warner deal delays","angle":"","publishedAt":"2026-08-17T19:30:00.000Z"},{"sourceName":"Globo","url":"https://g1.globo.com/economia/noticia/2026/08/17/paramount-pede-garantia-de-us-188-bilhao-a-estados-que-contestam-fusao-com-warner.ghtml","headline":"Paramount Requests $1.88 Billion Guarantee From U.S. States Challenging Merger with Warner","angle":"","publishedAt":"2026-08-17T19:13:27.784Z"},{"sourceName":"Reuters","url":"https://reuters.com/world/paramount-seeks-188-billion-bond-state-ags-over-merger-lawsuit-2026-08-17","headline":"Paramount seeks $1.88 billion bond from state AGs over merger 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All 12 digests and the CNBC report named the bond amount and the states involved: California, Arizona, Colorado, Connecticut, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon and Washington.","The CNBC report and 10 of the digests stated the bond would cover ticking fees and financing costs tied to the merger delay. CNBC added that Paramount calculated the bond from quarterly payments of 25 cents per Warner Bros. share, totalling $650 million per quarter. The Los Angeles Times and Variety digests included the Writers Guild of America as a plaintiff required to post the bond.","CNBC quoted Paramount’s statement that the delay carried \"substantial and quantifiable financial consequences\" and that the bond was required under the Clayton Antitrust Act. The Hollywood Reporter digest noted Paramount’s argument that the bond would ensure recovery if the states lost. No other outlet quoted the company’s wording or the states’ response."],"centre":["The centre-rated reports focused on the regulatory clearances and the legal process. Market Business News’s full report led on Paramount securing all required approvals from 68 jurisdictions, including Mexico, but noted the merger remained on hold due to the states’ lawsuit. It detailed the court order preventing the deal from closing until June 2027.","Market Business News described the ticking fee as a cost that would increase the purchase consideration and noted Paramount’s exposure to litigation costs and delayed operating savings. It also outlined the opposing arguments on market competition, with the states focusing on film distribution and cable TV, while the U.S. Department of Justice found the merger unlikely to harm competition.","Reuters’s digest mentioned the $1.88 billion bond request but did not specify the costs it was intended to cover."],"right":["The right-rated digest from ussanews.com led on the $1.88 billion bond request and described it as covering the costs of the merger delay. It did not specify the ticking fees or other financial details. 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