# David Ellison Stays in L.A. After Settlement

> Paramount CEO David Ellison confirms his empire will remain in Los Angeles after legal settlement with California.
- Title: David Ellison Stays in L.A. After Settlement | Shortify
- Summary: Paramount CEO David Ellison confirms his empire will remain in Los Angeles after legal settlement with California. David Ellison's Paramount and Warner Bros…
- Keywords: david ellison, paramount, warner bros discovery, los angeles, california, consent decree, corporate headquarters, David, Ellison, Stays, Settlement, The Hollywood Reporter
- Source: The Hollywood Reporter — https://hollywoodreporter.com/business/business-news/david-ellison-me-move-i-love-l-a-1236707241
- Author: Erik Hayden
- Published: 2026-09-21T22:17:11+00:00
- Read time: 1 min
- Topics: david ellison, paramount, warner bros discovery, los angeles, california, consent decree, corporate headquarters
## Settlement Announcement
Paramount CEO David Ellison states the newly merged company will remain headquartered in Los Angeles after a legal settlement with California.

> Now that we reached and announced a settlement, we're eager to get to work building a stronger Hollywood
## Relocation Threats
Ellison faced pressure to move Paramount to Texas or Tennessee after California's lawsuit and tax incentives.

> Ellison and his family have deep ties to Tennessee, he could pull up stakes and move Paramount there
## Legal Settlement Terms
The consent decree prevents selling Warner Bros. and Paramount lots in Los Angeles County for five years.

> Per the consent decree, the Warner Bros. and Paramount lots in L.A. County can't be sold during the commitment period
## Corporate Footprint
Paramount owns 14 properties totaling 2.1 million square feet while Warner Bros. owns 14 properties totaling 9.5 million square feet globally.

> Paramount owns 14 properties totaling 2.1 million square feet of space while Warner Bros. owns 14 properties totaling around 9.5 million square feet globally
## Relocation Concerns
Local officials feared Paramount's move would worsen the production flight that has plagued Los Angeles for years.

> Local officials feared that a Paramount move would be the straw that broke the camel's back
## Next Steps
The merger will create 2,495 jobs in Greater Los Angeles County and 6,000 globally at risk due to redundancies.

> The merger places about 2,495 jobs in Greater Los Angeles County and about 6,000 globally at potential risk
## Key takeaway

David Ellison's Paramount and Warner Bros. Discovery will stay in Los Angeles following a $7 million-per-day settlement to avoid relocation.