Paramount confirms it will keep headquarters in Los Angeles following its merger with Warner Bros. Discovery
According to Deadline, Paramount confirms it will keep both its Melrose lot in Los Angeles and the Warner Bros. lot in Burbank for the next five years as part of the settlement of an antitrust lawsuit filed by twelve state attorneys general, ahead of its planned acquisition of Warner Bros. Discovery. The article notes that Paramount will maintain its Los Angeles headquarters following the merger.
Key facts
- 01Settlement resolves antitrust lawsuit filed by 12 state attorneys general.
- 02Paramount will keep the Melrose lot in Los Angeles and the Warner Bros. lot in Burbank for five years.
- 03The arrangement aligns with Paramount's plan to acquire Warner Bros. Discovery shortly.
- 04HQ remains in Los Angeles after the merger.
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