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David Ellison

All articles tagged with #david ellison

business5 days ago•5 min saved

Paramount CEO eyes Austin as potential base amid antitrust showdown

Paramount CEO David Ellison is reportedly weighing a move of the studio’s base from California to Austin, Texas, amid an antitrust battle over Paramount Skydance’s proposed merger with Warner Bros. Discovery. The company is pursuing a large-scale Austin studio project at the Bluebonnet Business Center, with a threat to relocate jobs if a settlement with California AG Rob Bonta isn’t reached by Oct. 1, signaling possible shifts in Hollywood production dynamics—even as Paramount has not formally committed to the relocation.

via New York Post|

#antitrust #austin #business

politics6 days ago•28 min saved

Bonta Brushes Off Ellison’s Pressure as Antitrust Battle Looms

California Attorney General Rob Bonta rebukes David Ellison’s pressure tactics in the Paramount-Warner Bros. merger case, saying the antitrust fight will be decided in court through structural remedies rather than PR stunts; relocation threats won’t end the case, and settlement talks remain possible only if credible, structural remedies are offered.

via The Hollywood Reporter|

#antitrust #david-ellison #merger

entertainment8 days ago•15 min saved

Noah Wyle Calls Ellison’s Paramount Move Threat Saber Rattle

Actor Noah Wyle says David Ellison’s threat to relocate Paramount from California is saber rattling, not a done deal, and hopes Hollywood stays in Hollywood. Ellison could move Paramount as soon as October if the Paramount–Warner Bros. Discovery merger isn’t settled with California AG Rob Bonta, with Georgia, Texas and Tennessee named as possible new homes. Wyle, who testified in March in support of California film incentives, noted Paramount’s activity on the Warner Bros. lot in Burbank generated about 600 production jobs and $125 million for the state, though he acknowledged the merger’s fate remains uncertain.

via Variety|

#california #david-ellison #entertainment

business10 days ago•19 min saved

Paramount Chief Slams States’ Antitrust Clash Over WBD Merger as Costly Delay

Paramount CEO David Ellison denounces the 12-state attorneys general’s antitrust suit against the Warner Bros. Discovery merger as imposing needless costs, urging a settlement while noting concessions have been offered. Mexico has approved the deal, but a two-week trial is now slated to begin March 2, 2027, with a ticking-fee potentially reaching $7 million per day and the combined company carrying about $80 billion in debt.

via deadline.com|

#antitrust #business #david-ellison

business12 days ago•380 min saved

Hollywood on edge as Ellison hints Paramount could relocate to seal massive deal

Paramount Skydance CEO David Ellison signaled he is willing to move Paramount out of California to close his $110 billion bid to buy Warner Bros. Discovery, a move insiders say would be highly complex with potentially sweeping consequences for Hollywood's production, jobs, and economics; opponents have labeled it blackmail, underscoring the high-stakes disruption tied to one of entertainment’s biggest-ever deals.

via NBC News|

#business #california-relocation #david-ellison

business13 days ago•15 min saved

WGA Says Ellison Exit Threat Shows Why Paramount-WBD Deal Must Be Blocked

The Writers Guild of America condemned David Ellison’s threat to pull Paramount out of California over the antitrust suit connected to the Paramount-WBD merger, saying the move underscores the studio’s outsized power and argues the deal should be blocked. Ellison warned of leaving on Oct. 1 to avoid a $7 million-per-day ticking fee, while California AG Rob Bonta labeled the threat blackmail as the WGA pursues its own merger lawsuit with a federal trial set for March 2027.

via Deadline|

#antitrust #business #david-ellison

business13 days ago•43 min saved

Paramount Signals California Exit If Antitrust Settlement Falls Short

Paramount chief David Ellison told top executives that if California AG Rob Bonta won’t negotiate a settlement in the antitrust lawsuit blocking the Paramount-Warner Bros. Discovery merger, Paramount will begin relocating operations out of California on Oct. 1, starting with the LA headquarters and eventually moving most studio jobs. The move is tied to looming ticking fees—the company would owe Warner Bros. Discovery about $7 million per day from Oct. 1 until closing—potentially around $1.2 billion by the March 2027 trial. Paramount Skydance has approved the relocation, with Georgia, Texas and Tennessee among potential new homes. California’s Bonta characterized Ellison’s threat as blackmail and said any settlement would need to be structural rather than behavioral.

via Yahoo News UK|

#antitrust #business #california

business14 days ago•17 min saved

California AG Calls Ellison's Paramount Relocation Threat a 'Blackmail' Tactic in Antitrust Fight

California Attorney General Rob Bonta blasted David Ellison’s threat to relocate Paramount out of California as a blackmail-style move aimed at pressuring a settlement in the Paramount–Warner Bros. Discovery antitrust case. Ellison said Paramount could begin exiting California on Oct. 1 if talks don’t start, with Georgia, Texas, or Tennessee on a possible relocation shortlist. New court filings and public comments frame the dispute as a high-stakes battle over merger approvals and competition, with observers skeptical that any settlement could satisfy the states’ antitrust concerns as Paramount pushes to close the deal.

via Variety|

#antitrust #business #david-ellison

business14 days ago•15 min saved

Ellison Charts a California Exit for Paramount Amid WarnerMount Battle

Paramount chief David Ellison outlined a concrete plan and a date to relocate the studio from California as part of the WarnerMount merger fight, signaling he will mobilize political pressure on California AG Rob Bonta to push the deal toward a resolution while pledging to preserve the roughly 30,000 Paramount jobs in Southern California.

via puck.news|

#antitrust #business #california

business16 days ago•5 min saved

Center-leaning Merger Faces Antitrust Fire

An opinion piece argues that Paramount Skydance's planned merger with Warner Bros. Discovery, pitched by David Ellison as a centrist antidote to woke bias, is being challenged by a dozen Democratic state attorneys general on antitrust grounds. The author contends the suit is politically motivated rather than consumer-protection driven, notes the court has rejected claims of yield-enhancing efficiencies, and argues the deal could actually spur competition with Netflix. The piece claims the real motive is to block Ellison from reshaping CBS News and CNN toward a centrist stance, and it mocks the AGs’ case as economically illiterate while highlighting the ongoing debate over media center-leaning programming.

via New York Post|

#antitrust #business #centrism-in-media

media17 days ago•7 min saved

60 Minutes Under New Owners: CBS’s Overhaul Sparks Debate Over Its Investigative Role

Under Skydance’s David Ellison and Bari Weiss, CBS’s 60 Minutes has been radically remade, sidelining veteran investigative reporters in favor of anti-woke voices. Critics say the overhaul weakens the program’s public-service mission, while ex-staffers plot rival investigative projects, signaling potential threats to accountability journalism even as Ellison defends newsroom independence amid broader media-merger ambitions.

via Salon.com|

#60-minutes #bari-weiss #cbs-news

business18 days ago•19 min saved

European Industry Backs Ellison as UK Clears Paramount-Skydance-WBD Deal

Britain's CMA cleared Paramount Skydance's $111 billion merger with Warner Bros. Discovery, a decision welcomed by European media players who say consolidation strengthens theatrical exhibition and investment amid mounting streaming competition, signaling regulators are taking a more permissive stance as Ellison lobbies for a stronger, joined slate of studios.

via Variety|

#business #david-ellison #european-industry

business18 days ago•22 min saved

Ellison’s Quest: Can He Win Warner Bros. Discovery?

Two THR editors debate whether the Paramount–Warner Bros. Discovery merger can survive antitrust scrutiny: Ellison’s bid to retain HBO and the film studio faces potential divestitures (CNN or other cable assets) and a binding 30-film commitment, with possible structures like an oversight board or asset sales on the table, while industry allies and critics weigh in and a Netflix‑style wildcard lingers.

via The Hollywood Reporter|

#antitrust #business #cnn

business18 days ago•16 min saved

Lionsgate Chief Backs Paramount-WBD Merger, Urges Certainty Over Delay

Lionsgate CEO Jon Feltheimer publicly endorsed Paramount’s merger with Warner Bros. Discovery, saying certainty and the removal of delays are crucial for the industry. In Lionsgate’s earnings call, he praised Paramount CEO David Ellison, floated potential film co-financing and bolstered Paramount+ content as benefits, and argued a bigger Paramount could lift the whole industry even as the $110 billion deal faces antitrust lawsuits and a trial set for next March.

via Deadline|

#business #david-ellison #feltheimer

business18 days ago•22 min saved

Ellison’s LA production push and Harris outreach eyed to salvage Paramount-WBD deal

Deadline outlines potential moves to save the Paramount-WBD merger: boost Los Angeles production to create jobs and win local support, restructure controversial CNN/CBS News leadership to ease political concerns, and court Kamala Harris for antitrust credibility and bipartisan leverage as the deal faces a state AGs suit, a looming termination fee, and a March trial date.

via Deadline|

#antitrust #business #david-ellison