Clearing way for a Paramount-Warner Bros. merger
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Gov. Gavin Newsom denied on Wednesday pressuring California AG Rob Bonta to settle the Paramount Skydance antitrust lawsuit ahead of the Warner Bros. Discovery merger deal.
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Paramount Deal Terms Laid Out By CA AG Rob Bonta, Who Says It Is "Not A Blessing" Of WBD Merger
California Attorney General Rob Bonta has revealed terms of a settlement with Paramount allowing it to acquired Warner Bros. Discovery, but stressed that the agreement is “not a blessing” of the mega-merger.
Sept 20 (Reuters) - Paramount and California's attorney general have discussed a range of concessions as part of advanced settlement negotiations, including a $1.5 billion investment in production in the state, the Wall Street Journal reported on Sunday, citing people familiar with the talks.
California gubernatorial candidate Steve Hilton is blasting state leaders for driving Hollywood jobs out of California — as Paramount threatens to become the latest entertainment giant to flee the Golden State.
AG Rob Bonta weighs in on David Ellison's threat to move Paramount out of California, and why he's leading an antitrust suit against a Warner merger.
It appears Rob Bonta called David Ellison’s bluff this week when the CEO of Paramount Skydance reportedly backchannelled a threat that he’d officially announce Paramount’s move out of
Gov. Gavin Newsom is offering a multimillion-dollar tax break to Hollywood producers as California scrambles to keep entertainment jobs from fleeing the state. The push comes after President Trump proposed a federal film incentive and as a bitter fight over whether Paramount could take its business elsewhere continues to play out.