Would David Ellison Really Just Pick Up His Hollywood Studios and Leave California?

California has seen production spend stabilize in recent months, though Paramount could undermine that recovery. Attorney general Rob Bonta called the threat "another attempt to blackmail the state."

Rob Bonta, the attorney general of California who is leading a 12-state coalition’s lawsuit seeking to block Paramount’s takeover of Warner Bros. Discovery, responded to David Ellison’s threat to pull Paramount out of the state unless Bonta agrees to settlement talks. “In a span of weeks, Paramount agreed to halt the m

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

David Ellison’s bid to merge PSKY with Warner Bros. Discovery is now being challenged on antitrust grounds.