Hollywood Exodus? Paramount Threatens October Exit from California and NYC Amid $110B Merger Showdown

the staff of the Ridgewood blog

LOS ANGELES, Calif. / NEW YORK, N.Y. — In a dramatic escalation of its multi-billion-dollar legal battle, Paramount is evaluating plans to pull its corporate and production operations out of California as early as October. The media conglomerate is also mulling moving CBS News away from its historic base in New York City.