Paramount Considers Leaving Hollywood Amid Antitrust Lawsuit
Paramount is reportedly considering relocating its operations out of Hollywood, California, after 114 years, due to an ongoing antitrust lawsuit related to its potential merger with Warner Bros. Discovery. The move has sparked debate, with some officials suggesting a settlement over a court battle.
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Will Paramount’s Brinkmanship Work?
The media company’s leader, David Ellison, is threatening to pull the company out of California in the face of a lawsuit by states seeking to block its big deal.
By Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe and Sri Muppidi
Read full article →Paramount Has Spent 100 Years in Hollywood. David Ellison Loved That. Until He Didn’t
The mogul says he's considering moving his studio out of California. Not long ago, he was talking a big game about how a merger with Warner Bros. Discovery would boost the state.
By Katie Kilkenny
Read full article →California Democratic Gubernatorial Nominee Xavier Becerra Says He Prefers Settlement Of Paramount-WBD Antitrust Lawsuit: “Conference Room, Not Courtroom”
Xavier Becerra, the Democratic nominee to become the next governor of California, recommended that state attorneys general and Paramount reach a settlement and avoid an antitrust trial over the proposed Warner Bros. Discovery merger. Weighing in for the first time on the lawsuit, Becerra said at a Politico conference on Tuesday, “I hope it settles […]
By Ted Johnson
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