Another Trump Loss: Paramount is not moving out of California and will keep its headquarters and studio lots in Los Angeles.
From Archie@proe@here.now to alt.home.repair,or.politics on Sun Sep 27 04:52:50 2026
From Newsgroup: alt.home.repair
Paramount is not moving out of California and will keep its headquarters and studio lots in Los Angeles.
Deadline
Settlement and Merger Details
The Settlement: Paramount reached a settlement with California Attorney General Rob Bonta and other state attorneys general regarding its pending
$111 billion merger with Warner Bros. Discovery.
NPR +1
Commitment to California: As part of the agreement, Paramount committed
to keeping the historic Paramount lot on Melrose in Los Angeles and the
Warner Bros. lot in Burbank operational for the next five years.
Deadline
The Relocation Threat: The decision follows earlier tensions where CEO David Ellison threatened to move operations out of the state (scouting locations like Nashville) if California pursued its antitrust block against the merger. With the settlement finalized, those relocation plans have been put aside.