David Ellison Told Top Execs Paramount Will Exit California If AG Refuses To Negotiate Settlement In WBD Merger Suit

Paramount CEO David Ellison told a group of the company’s top executives that he will start the process of exiting California on Oct. 1 if State Attorney General Rob Bonta will not negotiate to settle an antitrust suit around the merger with Warner Bros. Discovery. Ellison made the remarks at a meeting last week. Detai

Paramount’s board has approved a plan to move the Hollywood studio out of California if the state’s attorney general Rob Bonta doesn't agree to settlement talks in his bitter antitrust case by Oct. 1, according to reports.

David Ellison is eager to reach a swift resolution in the antitrust case filed by 12 states seeking to block the Paramount-Warner Bros. Discovery merger. And he’s prepared start moving Paramount out of California as soon as October unless the state’s attorney general, Rob Bonta, agrees to settlement talks, Variety has

Michael Gates and the California GOP allege Rob Bonta's lawsuit blocking Paramount's acquisition of Warner Bros. Discovery may be a favor to Netflix.

Opponents say the deal will harm the movie business as Paramount would wield too much control and reduce output.