It’s official! Paramount will leave California after the state’s antitrust battle with Paramount over its plans for a merger with Warner Brothers Discovery. The blue state essentially stymied a $111 billion deal, so we would frankly be shocked if Paramount stayed.
But citing TMZ as a source, Clownfish TV says California is screwed, and it’s their own damned fault. It’s estimated, if Paramount leaves, California will lose a total of 58,000 jobs and as much as $21 billion in annual revenue. Paramount itself has about 5,500 full-time jobs, while the balance of more than 50,000 jobs includes companies that do business for Paramount and could either leave or shut down if Paramount is gone.
Paramount has been in Hollywood for more than 100 years, so any departure would be an upheaval under any circumstance. It’s presumed Paramount would go to Texas, and quite possibly Austin, but nothing official has been stated yet as far as the location of its new headquarters. Here’s more from Clownfish TV.
Who are the Ellisons? Where does their immense fortune come from? And how do they plan to use that fortune?
By the end of today’s episode, you’re going to know more about the Ellison family: Zionists, technocrats, media moguls, and how they are using their power to shape your future.
At stake: The Ellisons, the father and son team of David and Larry, who want to buy Warner Brothers Discovery and add it to their Paramount Skydance media empire.
Warners’ properties include HBO, CNN, DC Entertainment, TBS, TNT and the Warner Studios, among many other ventures. Here’s more from James Corbett on The Corbett Report.
The forces at Netflix aligned with Barack Obama have withdrawn their offer to buy CNN, making it appear likely the network will instead become part of Paramount. That could spell doom for the left-leaning members of the CNN staff because Paramount is under the control of companies and owners who have been much more favorable to President Donald Trump.
In particular, the figures to watch are Larry and David Ellison. They aren’t brothers, but they are a father-and-son team, both behind Paramount and both somewhat in Trump’s orbit. David is a film producer, while Larry is best known as a co-founder of the Oracle Corporation.
Paramount is bidding to buy Warner Brothers Discovery, the parent company of CNN, so CNN is hardly the only property whose future is at stake. Here’s more from Benny Johnson.
Who’s the only news staffer at CNN to get a raise so far this year? Would you believe Scott Jennings, the lone Republican pundit among that network of leftists?
Meanwhile, big payroll cuts and even layoffs await these leftists. Gunnar Wiedenfels, the chief financial officer of Warner Brothers Discovery, will be applying the scalpel to the CNN rejects.
Similarly, MSNBC also is on the chopping block. By the end of the year, we’ll see just how trim the legacy media can get. Here’s more from Steve Turley.