Paramount reportedly plans California exit as it pursues $110 billion Warner Bros. Discovery merger
TheWrap reports that the company has told Los Angeles Mayor Karen Bass and California Attorney General Rob Bonta it plans to formally announce its departure from the state.
TLDR
Paramount is preparing to leave California while trying to complete its $110 billion merger with Warner Bros. Discovery, TheWrap reports. The company has informed Los Angeles Mayor Karen Bass and California Attorney General Rob Bonta of plans to formally announce its departure. Bass’ office told TheWrap she is “focused on protecting and fighting for jobs in LA,” including in the entertainment industry.
Combined views
336.5K
6 Sources, first seen 14d ago