Paramount Leaving California Will Devastate Los Angeles Economy, Leaked Report Finds

A leaked report prepared by the Los Angeles Economic Development Corporation indicates that the relocation of Paramount Skydance out of California by David Ellison would have severe economic consequences for the Los Angeles region.

The findings, published by Politico and highlighted by industry coverage, outline significant aftershocks and operational impacts on the local economy should the company move its headquarters and other operations out of the state.