Paramount Sets California Exit Plans Over Antitrust Battle With Blue States & Stymied $111B WBD Merger

Leaks the past few months out of David Ellison‘s inner circle said the CEO would take his Paramount ball and leave California if state attorneys general didn’t back off on their antitrust suit to stop the $111 billion merger with Warner Bros Discovery. And now it looks like the ball really is in play. Paramount brass have told key officials and stakeholders the company is “deadly serious” about leaving California and the home of Hollywood after over 100 years, sources tell me. Among those told a deposit has been put on the moving trucks is L.A. Mayor Karen Bass and...