Paramount Threatens California Exit That Could Cost State Billions

Paramount Threatens California Exit That Could Cost State Billions Paramount could pull nearly 58,000 jobs and $21 billion in annual economic activity out of California if the company follows through on a threat to relocate its headquarters and operations amid an antitrust fight over its acquisition of Warner Bros. Discovery, according to a preliminary economic analysis from the Los Angeles County Economic Development Corp.'s (LAEDC) Institute for Applied Economics, which was obtained by Politico. If no resolution is achieved, Paramount has threatened to begin moving its headquarters and thousands of jobs...