India, Aug. 12 -- Paramount Skydance is weighing a move out of California as the company faces a legal battle over its proposed $110 billion acquisition of Warner Bros. Discovery, escalating tensions with state officials and raising fresh questions about the future of the entertainment giant's California operations.
Paramount Considers Headquarters Move
Paramount's board has reportedly approved a possible relocation from California as early as October 1. CEO David Ellison has told senior executives that headquarters staff could move first, followed by a five-year plan to shift a substantial portion of the company's film and television jobs elsewhere.
The potential relocation could also involve selling one of the major studio lots operate...