David Ellison Threatens to Pull Paramount Out of California Starting Oct. 1 if States Refuse to Negotiate Settlement in Antitrust Suit

David Ellison has threatened to move Paramount out of California starting October 1 if State Attorney General Rob Bonta refuses to negotiate a settlement regarding an antitrust suit. The legal case, filed by 12 states, seeks to block the merger between Paramount and Warner Bros. Discovery. Paramount's board has already approved the exit plan. Ellison communicated this decision to top executives during a meeting last week, emphasizing his desire for a swift resolution to the merger dispute.