Paramount Plays Hardball Against Newsom's Regulatory Goonshttps://pjmedia.com/vodkapundit/2026/07/13/placeholder-headline-n4954963You know it's tough times in the entertainment biz when two of the oldest and most storied studios in Hollywood are forced into the merger-and-acquisition tango in hopes that they can both stay afloat. But it's a sign of something even crazier when the buyer threatens to leave Hollywood to escape the state's regulatory noose.
That's the word this weekend, when Semafor reported that "Paramount is reportedly considering leaving California" as Attorney General Rob Bonta is reportedly "preparing a lawsuit over its planned $111 billion takeover of Warner Bros. Discovery."
According to the exclusive, Paramount chief David Ellison's "confidants have pushed him to consider moving its corporate headquarters and reallocating much of its $30 billion in planned spending outside the state," should Bonta sue to stop the takeover from taking place.
The New York Times reported on Sunday that "a group of states" led by California is "preparing to file a lawsuit to block Paramount’s acquisition of Warner Bros. Discovery as soon as this week, according to four people briefed on the plans."
The buyout already enjoys the blessings of the federal government, after the Justice Department's Antitrust Division gave its approval in June. ...
This is rumor grade, I guess, but much movie and TV production has moved out of Hollyweird, so this would "simply" formalize and add to what has been happening for two or three decades.
If Noisome and other goobernors do this, it will be over politics, a perceived loss of control of Hollyweird messaging, not any anti-trust concerns.