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Paramount exit could cost California up to 57,980 permanent jobs

TheWrap reports that the leaked study also projects up to $21.2 billion in lost annual economic output if Paramount leaves California, with losses reaching industries far beyond Hollywood.

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3 Sources, 18d ago, first seen 18d ago

TLDR

CEO David Ellison has said he might move Paramount out of California, TheWrap reports. The outlet cites a leaked study finding that an exit could cost the state up to 57,980 permanent jobs and $21.2 billion in annual economic output. The study says the losses would extend to industries far beyond Hollywood.

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3 Sources, first seen 18d ago

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Combined views

11.6K

3 Sources, first seen 18d ago

55 likes19 comments9 saves21 reposts

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3 Sources

@TheWrapParamount’s threatened exit from California could cost the state up to 57,980 permanent jobs and $21.2 billion in annual economic output, a leaked study finds. The study says the losses would reach industries far beyond Hollywood. Read more: https://mrf.lu/23dNZ
@latimesentParamount's possible Hollywood exit puts Los Angeles on edge https://www.latimes.com/entertainment-arts/business/story/2026-09-14/paramounts-possible-hollywood-exit-puts-los-angeles-on-edge
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    Paramount Pictures

    3 Sources

    @TheWrapParamount’s threatened exit from California could cost the state up to 57,980 permanent jobs and $21.2 billion in annual economic output, a leaked study finds. The study says the losses would reach industries far beyond Hollywood. Read more: https://mrf.lu/23dNZ
    @latimesentParamount's possible Hollywood exit puts Los Angeles on edge https://www.latimes.com/entertainment-arts/business/story/2026-09-14/paramounts-possible-hollywood-exit-puts-los-angeles-on-edge
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