California calls off Paramount settlement meeting as media giant eyes Tennessee for new headquarters
Summary
California Attorney General Rob Bonta cancelled Monday's planned settlement meeting with Paramount Pictures after accusing the company of leaking and misrepresenting details from a recent discussion. Bonta claimed Paramount acted in bad faith regarding antitrust concerns tied to the Warner Bros. Discovery merger, while Paramount denied being the source of any leaks. With the legal battle escalating, Paramount has threatened to move its headquarters out of California, with Tennessee identified as the company's preferred alternative location.
(Source:New York Post)