Warner Bros. deal may face regulatory hurdles, Paramount considers relocating headquarters out of California

Gronghui July 13th｜According to Semafor, sources revealed that if California regulators take action to block Paramount Global's $110 billion acquisition of Warner Bros. Discovery, Paramount is considering whether to shift more operations and spending outside California. Advisors and allies of Paramount CEO David Ellison have urged the company to evaluate whether, should California Attorney General Rob Bonta file a lawsuit to prevent the merger, the company should relocate its headquarters and reallocate its annual $30 billion content expenditure. The company has not made any decisions yet, and these discussions may partly aim to exert additional pressure on regulators.