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Event Brief

David Ellison seeks savings by moving Paramount HQ

Paramount board approved Ellison’s plan to move headquarters from Hollywood amid uncertainty over the Warner Bros. Discovery deal.
WHO: David Ellison; Paramount board; California Attorney General Rob Bonta; 11 other Democratic state attorneys general
WHAT: Board approval for a plan to move Paramount’s headquarters from Hollywood to save money as the Warner Bros. Discovery deal faces antitrust pressure.
WHEN: Aug 12, 2026 at 6:00 AM ET
WHERE: Hollywood, California
WHY: The Warner Bros. Discovery deal faces an antitrust lawsuit momentum from California AG Rob Bonta and other state attorneys general, threatening to derail or raise deal costs.

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