$10 Billion Default Judgment against Paramount Global: Allegations Unveiled

Mon Oct 20 2025 16:21:44 GMT+0300 (Eastern European Summer Time)

A $10 billion default judgment has been issued against Paramount Global in an ongoing legal battle, revealing serious allegations of wrongdoing that could lead to criminal exposure.

In a significant legal development, the Eastern Caribbean Supreme Court has issued a default judgment of $10 billion against Paramount Global and associated entities in the Antigua & Barbuda v. The Media Cartel case. The filings suggest potential criminal exposure under U.S. and U.K. statutes related to racketeering and other serious offenses. The case highlights risks for major institutional investors and raises questions about governance and compliance in the media industry.

$10 Billion Default Judgment against Paramount Global: Allegations Unveiled

This report summarizes what is alleged in filed court documents in Antigua & Barbuda v. The Media Cartel. The Eastern Caribbean Supreme Court has issued a $10 billion default judgment against Paramount Global, reflecting the severity of allegations that may have criminal implications.

Sovereign Case Overview

The proceedings in Antigua consolidated evidence expressing significant concerns regarding accountability in the media industry. The filings report personal service on executives in multiple jurisdictions, leading to a consolidated judgment request.

Default Judgment Details

The $10 billion default judgment determines liability as certain parties failed to appear. The judgment motion seeks recognition and enforcement, impacting various institutional investors mentioned in the proceedings.

Potential Criminal Exposure

Filed court documents reference several U.S. and U.K. statutes that could be invoked should the allegations be proven, including RICO and other serious offenses potentially linked to past media practices.

Government Support & UN Context

The Government of Antigua & Barbuda publicly supports the court's efforts as part of a greater initiative addressing reparations and governance, ensuring that defendants are held accountable while pursuing justice.

Investor Risks

Institutional investors are encouraged to reassess their exposure in light of the ongoing litigation, especially concerning disclosure and governance in light of the allegations against Paramount Global.

Conclusion

This $10 billion judgment underscores the urgent necessity for accountability and transparency within the media sector as allegations unfold in the Antigua & Barbuda court proceedings. Stakeholders are advised to stay informed as this situation develops.