AG Rob Bonta pauses Paramount settlement talks over alleged leaks
Business
California just hit pause on its settlement talks with Paramount after accusing the studio of leaking and twisting details about their negotiations.
Attorney General Rob Bonta wanted Paramount to sell off some cable channels and keep Warner Bros. separate in its big merger plans, but things got messy fast.
Paramount mulls leaving California over $650 million
Bonta called out Paramount's "lack of good faith" and says talks are off until they get serious.
Meanwhile, with roughly $650 million per quarter in additional payments looming, Paramount is thinking about moving its headquarters out of California: Tennessee, Texas, and Georgia are all on the table.
State leaders warn this could be a big economic hit if the studio leaves.