1 Day
Source:
Los Angeles Times
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David Ellison's struggle for Warner Bros
Paramount Skydance CEO David Ellison is pushing to complete a $111-billion merger with Warner Bros. Discovery amid legal challenges from California's attorney general. As lawsuits threaten the deal, Ellison has proposed relocating Paramount’s headquarters from Los Angeles to Tennessee or Texas and selling key studio properties to fund merger costs. The legal dispute, along with regulatory delays, has complicated plans, but Ellison remains committed to the merger, which faces potential financial penalties if not finalized by the designated deadline.
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