Will David Ellison Say Goodbye to Hollywood? Some See Paramount’s Potential Exit From California as ‘Strategically Unwise’ — but Others Say It’s Just Smart Business

Aug 18, 2026 12:00pm PT Will David Ellison Say Goodbye to Hollywood? Some See Paramount’s Potential Exit From California as ‘Strategically Unwise’ — but Others Say It’s Just Smart Business

By Todd Spangler

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Todd Spangler

NY Digital Editor

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Illustration by Will Hooks

David Ellison, we have been told, loves Hollywood. He loves movies. In trying to rally industry support behind the Paramount-Warner Bros. megamerger, he has claimed the combined studios will release an unprecedented 30-plus films a year. Waving the banner for the entertainment industry in his home state, Ellison also has been lobbying for bipartisan federal film tax incentive legislation, having met with Republicans in D.C. on the issue as recently as mid-July.

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