Paramount CEO reportedly threatens California exit if Warner Bros. deal isn’t approved
California’s attorney general and 11 other states sued to block the proposed $111 billion merger, PBS News reports. The Los Angeles Times reports growing opposition to a merger settlement.
TLDR
PBS News reports that California’s attorney general and 11 other states sued to stop Paramount’s proposed $111 billion merger with Warner Bros. Discovery. Paramount Skydance CEO David Ellison then threatened to move his operations out of California if the deal is not approved, PBS says. The Los Angeles Times reports growing opposition to a merger settlement.
Paramount CEO reportedly threatens California exit if Warner Bros. deal isn’t approved
California’s attorney general and 11 other states sued to block the proposed $111 billion merger, PBS News reports. The Los Angeles Times reports growing opposition to a merger settlement.