Paramount CEO Signals Possible Move From California Over Merger
Paramount CEO David Ellison may pull operations out of California unless the state drops its effort to block Paramount’s merger with Warner Bros Discovery and agrees to settlement talks as soon as October. Critics warn the deal could shift Hollywood power via CNN, New Line Cinema and HBO. A writers’ guild says the merger may cut jobs and worsen working terms, echoing scrutiny from Paramount’s prior Skydance consolidation.