Paramount insists it's serious about leaving California
The corporation has reportedly put some deposits down on moving trucks.
Paramount is reportedly growing increasingly adamant about moving its operations out of California, according to multiple sources. Deadline claims that the company's stakeholders have been made aware of Paramount's serious intentions to relocate to states such as Tennessee, Texas, or Georgia. The Hollywood Reporter adds that Texas is actively pursuing the company and its owner, David Ellison, while Tennessee has been a favored candidate for relocation due to its long-standing interest in attracting Paramount.
This strong stance by Paramount has been characterized by California Attorney General Rob Bonta as "blackmail" and a "threat" to the state. Bonta's office has been aggressively pursuing an antitrust case against Paramount for the past several months. Responding to the situation, Bonta stated that he knows of Paramount's threats, but the company's decision to leave remains solely its choice.
He also reiterated that the corporation can expect to be treated fairly and remain open to dialogue, despite the potential consequences on their Hollywood operations.
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