Paramount considering CNN sale as part of efforts to settle lawsuit regarding Warner Bros deal

Paramount considering CNN sale as part of efforts to settle lawsuit regarding Warner Bros deal

Paramount Skydance Inc. Considers Options Amid Legal Challenges Paramount Skydance Inc. is exploring various avenues, including the potential sale of CNN, to address a California antitrust lawsuit linked to its $110 billion acquisition of Warner Bros. Discovery, according to the company’s chief legal officer. During a discussion at Politico’s California Agenda Conference on Tuesday, Makan […]

Union files lawsuit against California regarding self-driving truck regulations

Union files lawsuit against California regarding self-driving truck regulations

California Governor Gavin Newsom is facing a lawsuit from the Teamsters union, which claims that his administration’s handling of self-driving truck regulations poses an “existential threat” to around 200,000 jobs. The union alleges that the new rules, recently adopted by the Department of Motor Vehicles (DMV) and other state agencies, could adversely impact workers in […]

Paramount’s David Ellison warns he may leave California due to lawsuit

Paramount's David Ellison warns he may leave California due to lawsuit

Paramount CEO Threatens Relocation Over Antitrust Lawsuit Paramount’s new leadership is considering moving the studio out of California if state Attorney General Rob Bonta does not negotiate an end to an antitrust lawsuit. On Tuesday, CEO David Ellison mentioned that relocating headquarters to a more business-friendly area—like Georgia, Tennessee, or Texas—could be on the table […]