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David Ellison’s Threat to Move Paramount Out of California Is ‘Blackmail,’ State AG Rob Bonta Says
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TheWrap
Getting your Trinity Audio player ready…California Attorney General Rob Bonta is calling David Ellison’s bluff.
Bonta did not respond directly to Ellison’s assertion that he has ghosted Paramount on efforts to negotiate a settlement.
Tennessee, Texas and Georgia were all mentioned as options that Ellison is exploring for Paramount’s new home, with the CEO saying that he would move either standalone Paramount Skydance or a combined Paramount Warner Bros.
Discovery out of state depending on whether his company wins the antitrust lawsuit.
If Paramount loses the antitrust trial, the company is required to pay a $7 billion termination fee to Warner Bros.