Paramount Skydance Relocation Threatens LA Economy, New Leak Warns

A leaked Los Angeles Economic Development Corporation report warns that if Paramount Skydance moves its headquarters and operations out of California, the state could see 2,750-5,550 California job-years lost and $1.01-$2.03 billion in annual output between Oct 2026 and Sep 2031, with statewide impacts of up to 28,990-57,980 jobs and $10.6-$21.2 billion in annual output if the full relocation occurs. The move would also trigger a $7 million-per-day ticking fee to Warner Bros. Discovery until deal closing; California AGs remain engaged in the merger dispute, and Paramount is weighing locations like Georgia, Texas, or Tennessee amid settlement talks.