Official Home of the DExit Movement. 🇺🇸 America’s business migration, tracked in real time. Companies, capital & talent leaving high-cost, high-risk states
🚨 JUST IN: California AG Rob Bonta has CANCELED today’s settlement talks with Paramount, accusing David Ellison’s team of “playing games.”
The meeting was supposed to be a key step toward resolving California’s lawsuit blocking Paramount’s $111 billion Warner Bros. Discovery deal.
Ellison has already warned that Paramount could begin moving operations out of California starting October 1 if the state refuses to make progress toward a settlement.
So this morning, the situation moved in the opposite direction.
One of Hollywood’s biggest companies is openly considering leaving California, and the state just canceled the meeting intended to keep negotiations moving.