Paramount Considers California Exit Amid Antitrust Scrutiny
Paramount is reportedly considering leaving California, stating that companies go where they are wanted, amidst ongoing antitrust scrutiny and upcoming trial dates with Warner Bros. Discovery.
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Paramount may leave California, says: ‘You go where you are wanted’
The legal chief at Paramount Skydance has raised concerns of a possible exit from California amid ongoing antitrust challenges. The company is fighting a lawsuit against its plans to acquire Warner Bros. Discovery, arguing the merger will adversely affect market competition. They also contend that this legal battle poses a risk to employment and the state's economic health, consequently suggesting a need to consider relocating for shareholder good.
By TOI TECH DESK
Read full article →Parties Lay Out Key Discovery And Other Dates For Pending Paramount-WBD Antitrust Trial
This week has been dominated by headlines about Paramount’s threat to leave California, by unions and other officials urging a settlement and by Capitol Hill Democrats warning of investigations. But on Thursday, attorneys completed the rather routine step of proposing key dates and deadlines in advance of an antitrust trial over the proposed merger of […]
By Ted Johnson
Read full article →Paramount Mulling California Exodus Amid Antitrust Scrutiny
Paramount Mulling California Exodus Amid Antitrust Scrutiny Authored by Andrew Moran via The Epoch Times, Paramount Skydance could be the next major company to leave California as the media giant faces intensifying antitrust scrutiny over its purchase of Warner Bros. Discovery. Makan Delrahim, Paramount’s top legal officer, said the Los Angeles-based company is “committed” to staying in California. But he also noted that the company has “a fiduciary duty to shareholders.” “Yo...
By Tyler Durden
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