Billionaire David Ellison Is Blackmailing Hollywood

Paramount Skydance’s billionaire owner David Ellison made the yesterday that, if he’s blocked from acquiring legacy studio Warner Bros., he intends to move the entire company out of California. The machinations behind this are complicated, the latest sign that the merger deal is far more difficult and imperiled than m

The Paramount CEO is seeking to pressure officials over the $190b Warner Bros deal.

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.

Mr. Ellison told Paramount executives he is considering pulling the company out of California amid a lawsuit brought by state attorneys general.