18 August 2026variety.com

Paramount Seeks Antitrust Bond Ruling as Ellison Eyes California Exit

SigSignificance4.35SenSentiment-1.75EnvEnvironment0.00SocSocial-1.30GovGovernance-1.35

Discovery merger closure is set for end of September but is held up by a 12-state antitrust lawsuit seeking to block it. Paramount has asked the judge to require the states and the WGA to post a $1.88 billion bond, or otherwise allow the merger to proceed. Separately, David Ellison says Paramount will begin moving out of California starting Oct. 1 unless deal delays change, drawing employee concern.

Coverage (1)

Will David Ellison Say Goodbye to Hollywood? Some See Paramount’s Potential Exit From California as ‘Strategically Unwise’ — but Others Say It’s Just Smart Business (variety.com)

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