Paramount faces October deadline while Los Angeles mayor seeks to keep studio in California
Los Angeles Mayor Karen Bass is urging talks to keep Paramount in the state as the company approaches an October 1 transaction deadline.
State sues over merger deal
California sued to block Paramount from merging with Warner Bros. Discovery in July. Attorney General Rob Bonta has described the studio's threat to leave as blackmail intended to stop antitrust enforcement.
Mayor prepares for relocation
Steve Kang, the mayor's film czar, stated that officials need to be prepared for every option available regardless of the threat's validity. Reports indicate the company is taking affirmative steps toward a potential move.
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