Paramount May Be Preparing To Leave California As Merger Fight Escalates
Paramount could be preparing to move its studio operations out of California, according to sources cited by TMZ. Officials in the Los Angeles mayor’s office and California Attorney General Rob Bonta’s office were reportedly told an announcement was coming Tuesday, but it never happened. It’s unclear whether the plan was delayed or circumstances changed. The potential move comes as Bonta and 11 other state attorneys general pursue an antitrust lawsuit seeking to block Paramount’s proposed merger with Warner Bros. Paramount CEO David Ellison has previously threatened to move the studio to Texas, Tennessee or Georgia if California doesn’t settle the case. Settlement talks have been ongoing for months without an agreement, with October 1 reportedly set as a deadline before Paramount considers leaving California.









