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BearishHIGH severityMarkets13d ago

David Ellison Floats Hollywood Exit as States Threaten His Warner Bros. Deal

Reported by New York Times Business · nytimes.com · August 11, 2026

Mr. Ellison told Paramount executives that he was considering pulling the company out of California amid a lawsuit brought by state attorneys general.

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What to watch: Paramount Global (PARA) faces a legal or regulatory issue — headline risk here is often larger than the eventual financial impact.

Market reaction today: $PARA -7.69%

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