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The Independent UK

National

Jasmine Fernández

Hollywood giant Paramount plots stunning California exodus for Nashville: report

Paramount California Nashville

Paramount Skydance is considering moving its operations from Los Angeles to Nashville and exploring roughly 400,000 square feet of commercial space in Tennessee.
The real estate search coincides with a 12-state antitrust lawsuit led by California Attorney General Rob Bonta to block the studio's $110 billion merger with Warner Bros. Discovery.
Paramount Chief Legal Officer Makan Delrahim stated that the company has a fiduciary duty to shareholders to evaluate the business environment and go where it is wanted.
Leaving the historic Melrose Avenue lot would deal a massive economic blow to Southern California, which lost over 42,000 entertainment jobs between 2022 and 2024.
Los Angeles Mayor Karen Bass vowed to fight for local entertainment jobs as both sides prepare for court-mandated settlement discussions next month.

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Paramount eyeing California exit as it looks for office space in Nashville, report says

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