Newsom Engages in Settlement Talks with Paramount Amid Relocation Threat
California Governor Gavin Newsom stated he is taking Paramount CEO's threat to leave the state seriously and confirmed that 'real-time' settlement talks are ongoing. Newsom expressed his preference for a deal to keep the company in California.
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Gavin Newsom Says Paramount Settlement Talks Happening In “Real Time,” Signals He’d Like a Deal
The California governor said he was concerned about the state's reputation and added that he takes CEO David Ellison's threat to move companies out of California “seriously.”
By Katie Kilkenny
Read full article →Gavin Newsom Takes Paramount CEO’s Threat To Leave California “Seriously”; Governor Claims “Real Time” Settlement Talks Ongoing
After weeks of speculation about Gavin Newsom’s true position on Paramount’s $111 billion acquisition of Warner Bros Discovery and the antitrust suit filed a coalition of state attorneys general, the outgoing governor of California finally weighed in publicly today. His comments come as it appears that Paramount representatives and state attorneys general offices are said […]
By Erik Pedersen
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