Rob Bonta ‘will have to own it’ if Paramount – Latest News
California Attorney General Rob Bonta needs you to know that it’s not his fault if Paramount leaves as he tries to block their merger with Warner Bros.
“There’s nothing about this case that requires that — or would cause it. It would be their choice and their choice alone. They’ll have to own it,” he informed MS NOW.
That’s the sort of indifference that California’s elected officers have proven as 1000’s of corporations have left the state for locations that don’t deal with business just like the enemy.
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California Attorney General Rob Bonta needs you to know that it’s not his fault if Paramount leaves as he tries to block their merger with Warner Bros. REUTERS
The Paramount Pictures brand is displayed on a water tower in Los Angeles, California, Tuesday, Feb. 17, 2026. Paramount Skydance is trying a hostile takeover bid of Warner Bros. NurPhoto by way of Getty Images
It’s not a new downside. It didn’t begin with Gavin Newsom. It started more than a decade in the past, as California started ramping up taxes and rules.
Then-Gov. Jerry Brown admitted the issue in 2014, however mocked the businesses that had begun to depart.
“We’ve got a few problems, we have lots of little burdens and regulations and taxes,” he mentioned. “But smart people figure out how to make it.”
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So if you permit, you’re simply too silly to determine how to overcome the obstacles that the State of California retains throwing in your method.
Bonta’s newest feedback are in that very same vein. On the one hand, he says that Paramount is free to do what it needs.
On the opposite hand, he’s suing Paramount to stop it from doing what it needs.
Bonta’s newest feedback are in that very same vein. On the one hand, he says that Paramount is free to do what it needs. AP
Bonta additionally claimed: “There will be 5,000 to 10,000 jobs that could be lost, billions of dollars in economic activity lost because of the merger.”
But LA County consultants imagine that ten instances as many roles could possibly be misplaced if Paramount leaves.
Hollywood has already misplaced tens of 1000’s of jobs. Industry insiders say the merger may be the one method to save Warner Bros., and to permit Paramount to begin scaling up manufacturing again.
Remember that Bonta sued to block Spirit and JetBlue from merging. Spirit collapsed and 1000’s of jobs disappeared.
Hollywood doesn’t need a sequel to that horror flick.
Most corporations don’t need to depart California. And their staff don’t need to depart California.
Bonta additionally claimed: “There will be 5,000 to 10,000 jobs that could be lost, billions of dollars in economic activity lost because of the merger.” ZUMAPRESS.com
But the state’s insurance policies are chasing them away.
Instead of asking how California can keep corporations right here, our elected officers strive to duck accountability, or blame the businesses for leaving.
Bonta is true that leaving could be Paramount’s “choice.” But it was his “choice” to sue.
If they depart, Rob Bonta “will have to own it.” So stop the blame sport, and make a deal.
