Huge L.A. Job Losses If Paramount Exits California, County Warns; Ellison-Led Company Slams AGs & WGA’s Antitrust Action In Official Rebuke

There will be harsh job losses and severe economic pain if Paramount carries out its threat to leave California over the antitrust action a coalition of blue state Attorneys General are pursuing to stop David Ellison‘s $111 billion merger with Warner Bros Discovery, an internal L.A. County report estimates.

“At a minimum, relocating Paramount’s headquarters and other operations out f California would result in losses of 2,750 and 5,550 job-years in California across all industries and losses of between $1.01 billion and $2.03 billion in economic output between October 1, 2026, and September 30, 2031,” L.A. County’s Economic Development

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