Paramount agreed to buy Warner Bros. for $110 billion. Federal regulators approved it. Then California’s Attorney General decided he knew better — and sued to block it anyway.
What he got for months of taxpayer-funded litigation: a 1% increase in spending, on a deal Paramount had already offered before the lawsuit started.
The reason Paramount won this fight wasn’t luck. The CEO had already built a Plan B — a relocation to Tennessee — and drew a clear red line for when to use it.
This is a breakdown of what happened, and why having your own red lines and your own Plan B matters regardless of the size of your business, your assets, or your life.
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