Paramount’s David Ellison threatens to move company out of California
TVREV’s Alan Wolk reports that Ellison is dangling a relocation out of California to pressure AG Bonta into settling the antitrust suit blocking Paramount-Warner, with an October 1 deadline. Critics call it an obvious bluff that could embolden regulators rather than scare them off.
Why it matters. If Bonta calls the relocation bluff and holds firm past October 1, other state AGs gain confidence to resist merger-related pressure tactics rather than negotiate settlements.
Signal from TVREV · Alan Wolk · read the original.
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