Paramount Leaving California Would Devastate Los Angeles Economy, Leaked Report Finds

A leaked report from the Los Angeles Economic Development Corporation outlines devastating aftershocks that would follow if David Ellison pulled Paramount Skydance out of California.

Paramount Argues States’ Antitrust Suit Will ‘Collapse Under Scrutiny’

A copy of the report published by Politico reads, “At a minimum, relocating Paramount’s headquarters and other operations out of California would result in losses of 2,750 and 5,550 job-years in California across all industries and losses of between $1.01 billion and $2.03 billion in economic output between October 1, 2026, and September 30, 2031.”…

Story continues

TRENDING NOW

LATEST LOCAL NEWS