Paramount Warns of Exit from California Amid Stalled Antitrust Lawsuit Over Warner Bros Merger

Paramount's new chief is threatening to move his studio out of California if the state's attorney general settles an ongoing antitrust lawsuit against the company's planned Warner Bros merger. The lawsuit, which seeks to block the $4.2 billion deal, has stalled and Paramount is warning that leaving California would be a last resort. The threat comes as Paramount's new chief appears determined to push through the merger, despite opposition from state officials. A resolution to the dispute remains uncertain at this point.