CEO David Ellison threatens to move Paramount out of California by Oct. 1
Paramount Skydance CEO David Ellison has told his top executives he is prepared to move the studio out of California starting Oct. 1 unless California Attorney General Rob Bonta agrees to negotiate a settlement in the state's antitrust lawsuit against Paramount's $110B merger with Warner Bros. Discovery.
Paramount Skydance CEO David Ellison has threatened to relocate the studio from California by October 1st. This move is contingent on California Attorney General Rob Bonta’s willingness to negotiate a settlement. The potential relocation is tied to the state’s antitrust lawsuit challenging Paramount’s merger with Warner Bros. Discovery.
- Paramount Skydance CEO David Ellison plans to move the studio out of California.
- The relocation is planned to start on October 1st.
- The decision is linked to the state’s antitrust lawsuit against Paramount’s merger with Warner Bros. Discovery.
- Ellison demands a negotiated settlement from California Attorney General Rob Bonta.
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