David Ellison wants those challenging his Warner Bros. Discovery deal — including California and 11 other states — to be prepared to pay nearly $1.9 billion if they lose their lawsuit.
Paramount Skydance’s $110 billion WBD acquisition is on pause after lawsuits from 12 states and the Writers Guild of America, which argued the deal is anticompetitive. A federal judge said the plaintiffs “raised serious questions” in their lawsuit and set a trial date for early March.
Ellison’s company now wants the judge to order its legal opponents to post a $1.88 billion bond that Paramount would receive if it eventually prevails in court.
Paramount has agreed…
