Paramount hosts local premiere while searching for Nashville-area office space
The screening came as Paramount weighed Nashville office space amid merger litigation and antitrust disputes that could push the company out of California.
- On September 16, Brad Pitt attended a Heart of the Beast screening at FirstBank Amphitheater in Thompson's Station, Tennessee, as Paramount screens films while scouting Nashville office locations.
- CEO Ellison escalated threats this week to pull Paramount out of California, as the studio actively explores office space in Tennessee, Texas, and Georgia, with Nashville emerging as a front runner.
- California Attorney General Rob Bonta led 12 Attorneys General in suing to block the Paramount-Warner Bros. Discovery merger, stating the United States DOJ did not conduct an adequate review and describing the case as a "black-and-white" antitrust violation.
- Paramount faces a $7 million daily ticking fee starting October 1 if the merger fails, totaling $1.88 billion by early June, while Bonta rejected the studio's demand that states post a $1.88 billion bond, calling it "buyer's remorse."
- The court ordered two days of settlement talks in October though the sides remain far apart, with the Paramount-Warner Bros. Discovery merger lawsuit set for trial in March and Bonta indicating openness to good-faith negotiations.
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California AG Rob Bonta Shrugs Off Paramount Exit Threat — Says Potential Loss of Nearly 58,000 Jobs ‘Lies at Their Feet’
California Attorney General Rob Bonta is attempting to place responsibility for Paramount potentially abandoning California squarely on the shoulders of the entertainment giant, despite leading the multistate antitrust lawsuit currently standing between Paramount and its massive Warner Bros. Discovery acquisition. With California potentially staring down the loss of tens of thousands of jobs and tens […]
Hollywood Titan Paramount Threatens to Pull Out of California, Move to Nashville › American Greatness
An antitrust battle over a proposed merger of Paramount Skydance with Warner Brothers has Paramount’s CEO David Ellison threatening to move the studio out of […] Source
Pressure-Testing Paramount’s Relocation Threat
Quick show of hands: Who’s sick of the David Ellison will-he-or-won’t-he gamesmanship? It’s not even October 1, when the $7 million-a-day ticking fee on the stalled Paramount–Warner Bros. merger kicks in, and already we’re being subjected to a four-alarm media wildfire that, whether fanned by the Ellisons or not, feels pretty sweaty—even if it’s turning […] The post Pressure-Testing Paramount’s Relocation Threat appeared first on Puck.
Lefties continue ditching California: Paramount hunts Nashville...
"Insane Communist wackos" are ruining the state Paramount Skydance Chairman and CEO David Ellison is exploring a potential California exit as the studio battles a multistate challenge to its $111 billion acquisition of Warner Bros. Discovery. Politico reported late Wednesday that the studio is seeking roughly 400,000 square feet of office space in Nashville, signaling that its relocation is in the works. We have reported in the last few days and…
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