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Paramount Mulling California Exodus Amid Antitrust Scrutiny
Makan Delrahim, Paramount's top legal officer, said the Los Angeles-based company is "committed" to staying in California.
But he also noted that the company has "a fiduciary duty to shareholders."
"You have to take a look at the business environment and look to see what's best for not only the community and the business," he said at Politico's The California Agenda: Sacramento Summit on Aug. 12.
"And ultimately, you know, go to the place where you're wanted."
In recent years, scores of American companies - including SpaceX, X, Chevron, and Oracle - have shifted their headquarters or operations out of California and into other states. KB Home, Public Storage, Yamaha Motor, and D-Wave Quantum have been the latest businesses to relocate.