Paramount Threatens Exit Over Merger | California News

Paramount’s top lawyer is warning the company might relocate out of California if the state doesn’t back down on a blockbuster $110-billion merger with Warner Bros. Discovery — a deal now under fire from a dozen state attorneys general, including California’s Rob Bonta, who argue it threatens competition and consumer choice. With eleven other states joining the lawsuit, California can’t act alone, and Bonta has called Paramount’s threats “blackmail.” Experts say concessions are likely, as states remain united in protecting the public interest — and moving studios out of state won’t be enough to force a deal. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3555a275c5a31137