Variety

David Ellison Says Paramount Hopes to Close Warner Bros. Deal in ‘Approximately Two Weeks’; Studios to Remain in California

David Ellison Says Paramount Hopes to Close Warner Bros. Deal in ‘Approximately Two Weeks’; Studios to Remain in CaliforniaWorldPing

Update: David Ellison isn’t looking for greener pastures. The CEO of Paramount Skydance (soon to include Warner Bros. Discovery) issued an official statement that both content studios will remain in California.

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After insinuations that he was serious about relocating Paramount from its century-old home if the states' lawsuit proceeded, the mogul has now changed tune.

Brief by WorldPing · Original reporting by Hollywood Reporter