Paramount CEO David Ellison eyes Austin as potential new base after threatening to ditch California during antitrust battle
Photo by New York Post
As an antitrust battle threatens his Hollywood empire, Paramount boss David Ellison is eyeing a new base in Austin, Texas, The Post has learned.
The 43-year-old media mogul — facing heat from California Attorney General Rob Bonta over his plans to merge Paramount with Warner Bros. Discovery in a $110 billion mega deal — is actively evaluating a prospective movie and TV studio in the Texas capital, according to three people familiar with the matter.
While Paramount has not formally committed to the plans, sources said the entertainment giant and its partners are in advanced negotiations and zeroing in on the Bluebonnet Business Center — a hulking commercial development in the east of the city — as a primary target.
Located at 9219 Old Manor Road, the sprawling industrial park’s crown jewel is Building 4, a 415,000-square-foot cross-dock mega facility...
The project, filed under the blind corporate title “IDI Office,” lists a $350,000 budget and taps Houston-based Powers Brown Architecture to design the space...
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