Paramount Leaving California Would Devastate Los Angeles Economy, Leaked Report Finds The threat of Paramount Skydance abandoning Los Angeles for friendlier business climates is more than a hypothetical scenario – it's a very real and potentially devastating consequence of the ongoing lawsuit between David Ellison's company and California Attorney General Rob Bonta.
A leaked report from the Los Angeles Economic Development Corporation paints a stark picture: if Paramount relocates, the state would lose upwards of 28,990 to 57,980 full time jobs statewide, with economic output suffering losses of $10.
6 billion to $21. 2 billion annually. These numbers are undeniably alarming and represent more than just statistical abstractions.