Posted on 09/14/2026 7:05:30 PM PDT by Schatze
Projections indicate that a Paramount exodus would severely hurt California’s economy to the tune of billions of dollars and tens of thousands of jobs if movie studio head David Ellison made good on his threat to relocate. AG Bonta’s lawsuit halts the Warner Bros. acquisition.
Conducted by the Los Angeles County Economic Development Corporation, the study found that California would lose roughly 28,990 to 57,980 full-time jobs statewide across various industries if Paramount relocated to a state like Tennessee, with revenue losses estimated between $10.6 billion and $21.2 billion annually.
“It should be emphasized that these estimated job losses include direct, indirect and induced jobs, capturing the ripple effects through Paramount’s supply chains in California as well as the economic activity of household spending,” the study said. “Consequently, the job losses pertain to all California industries rather than solely to motion picture and television production.”
The study also found that Paramount could potentially create a total of between 1,020 and 2,760 jobs in California across all industries and between $377.7 million and $1.01 billion if it acquired Warner Bros. and followed through on its pledge to release 30 films in theaters per year, per TheWrap:
(Excerpt) Read more at breitbart.com ...
California doesnt cate. Theyd rather rule on top of the rubble.
Bonta is an evil bastard. Every decision he has made as AG has been wrong, but that is his world view and his modus operandi.
I guess Musk was correct -
and Buck knives
and ...... (insert long list here)
If the deal doesn’t go through Paramount and Warner will collapse anyway.
“...Could Cost State 57,980 Jobs, $21.2 Billion...”
Not enough.
30 films a year. I wonder how many of them will be sequels?
15 if they hustle
To them keeping the death grip the left has on every part of media is more important than any amount of money. The rat goal remains make the WB deal so costly Paramount will give it up so the leftist scumbags at Netflix can get it.
Look on the bright side: Their carbon footprint will be smaller...........
About a year into the first Trump administration I went to the movies at a theatre for the last time. I’d stopped watching any network tv a bit earlier. Since then the entertainment business has been a flatline for me. I spent a good amount of time and money watching it all for a lifetime. It surprises me that I don’t miss any of it but that is the case. The left wing political nature of entertainment was a big factor but the fact that the product was now mostly crap sealed the deal. Hollywood essentially died for me 8 years ago now.
So the liberals that helped destroy California are bailing out because they can’t make it in their created utopia.
I got you beat. Besides “The Passion of the Christ,” the last movie I went to see was “Top Gun” around 1988.
You are correct.
A lot of people feel like you do.
A few mass-casualty events in darkened movie theaters hasn’t helped either.
Here’s how I see it, FWIW.
Movies are all about culture. They’re cultural reflections, cultural totems, icons, whatever.
Walt Disney, for example, saw the American culture as perhaps the most attractive thing in the world. He set out to bottle it. Package it. Distribute it. At a handsome profit. He, and other Hollywood moguls, believed in the American vision of peace, freedom, prosperity, adventure, and romance. That vision sold well, here, and all over the world.
Over the last few decades, that vision has faded. It’s been diluted. It’s been questioned. It’s legitimacy as a plan for the pursuit of happiness has been mocked and denigrated and even condemned. Hollywood personalities have in some cases helped with that destruction.
So now, there’s no such vision. No such unifying theme, no such underlying structure.
And as a result, the soul has been ripped out of the product. It’s all just phony, empty razzle-dazzle “content.” And guess what? It’s popularity has collapsed. Who cares any more? Who wants to inconvenience themselves by driving to some theater multiplex to spend $20 a head for what amounts to AI slop?
Not as much as they lost by running the refineries out of the state.
“I wonder how many of them will be sequels?”
i wonder how many would even be watchable or entertaining?
Excellent observations. I was wondering that too!
Oh, I forgot to mention that the most compelling stories of our time cannot be told.
No movie about the forces that brought down the WTC has been made, or the wars that were fought in the aftermath of that event. No movies have been made about the mass rapes of young girls in the UK and elsewhere. No movies have been made about the behavior of the world’s new ascendant religion. Its incest, its slave markets, its hypocrisy. It’s history. The Barbary pirates, etc. The most compelling truths of our time cannot be given “the Hollywood treatment. They’re off limits.
Instead, audiences get fed fake stories about fake villains and fake heroes. They get history revisionism nonsense. And that doesn’t get anyone excited. It’s just part of the background noise.
our movie-watching-in-a-theater arc pretty much parallels your description ... any movies we watch are now streamed at home, and most of those are older ones we missed along the line, plus rewatching quite a few good ones we haven’t seen in forever ... one of the only decent new movies we watched via streaming is “Companion” ...
REAL entertainment long ago moved to streamed series ... most recently, Spider Noir, Stuart Fails to Save the Universe, Fallout, and Landman, though Landman has a thousand stupid holes in the plot, the few awesome scenes make it worth watching ...
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