Paramount’s Move or Stay Threat | Los Angeles News

Paramount’s CEO is reportedly threatening to relocate the entire studio out of California by October first unless the state drops its antitrust lawsuit blocking their merger with Warner Bros. Discovery — a move Attorney General Rob Bonta calls outright blackmail. With a federal trial looming in March and daily penalties of $7 million kicking in after September 30, Paramount faces mounting pressure as unions and attorneys general rally to stop the deal, claiming it threatens competition and workers’ rights. The studio denies wrongdoing, but whether this high-stakes bluff will actually play out remains uncertain. 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/ba91e4225deaa575 Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Los Angeles News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews