Last month, Paramount Skydance CEO and Trump ally David Ellison threatened to relocate the company out of California in response to his ongoing legal battle with California Attorney General Rob Bonta, who is suing, along with 12 other states, aiming to block the $110 billion Warner Bros. Discovery takeover. The threat was first reported by Semafor. Now, Bonta has responded.
“Paramount agreed to halt the merger until a court decision or until June 2027, asked for a November trial, and is now back with another attempt to blackmail the state into letting an illegal deal through,” Bonta wrote on X. “Paramount has lost the plot as it continues to lose in court. It didn’t work the first time … and it won’t work this time.”
