Nolte: Ellison to Move Paramount out of California October 1 If Merger Block Continues

Paramount CEO David Ellison stated that the company would begin relocating to another state starting October 1 if California continues to block the proposed merger with Warner Bros. Discovery. The statement was made in response to California's opposition to the deal. No details were provided regarding which state Paramount would move to or the specific grounds for California's objections to the merger.

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