Article in The Wrap by Lucas Manfredi, 9/16/26

Headline:  “Paramount Preps California Exit Amid State AGs’ Warner Bros. Merger Battle”

Subhead:  “The David Ellison-led media giant has informed AG Rob Bonta and Los Angeles Mayor Karen Bass’ offices of the plans”

“Paramount has informed the offices of Los Angeles Mayor Karen Bass and California Attorney General Rob Bonta that it is preparing to leave the state amid a legal battle over its $110 billion merger with Warner Bros. Discovery.

“A Paramount spokesperson had no comment when asked about the plans, while a spokesperson for Bass told TheWrap she is ‘focused on protecting and fighting for jobs in L.A., including critical jobs in the entertainment industry that have been a vital part of Los Angeles’ economy.’. . .”

Read the full article at:

https://www.thewrap.com/industry-news/business/paramount-david-ellison-california-exit/