Entertainment
Paramount Prepares for Possible California Exit Amid Warner Bros. Merger Battle
Last Updated on September 17, 2026 by Daily News Staff
HOLLYWOOD, Calif. — Paramount’s century-long connection to Hollywood could be facing one of its biggest challenges yet, as the entertainment giant reportedly prepares for the possibility of moving major operations out of California amid an escalating legal battle over its proposed acquisition of Warner Bros. Discovery.
Paramount has informed the offices of Los Angeles Mayor Karen Bass and California Attorney General Rob Bonta that it is prepared to formally announce plans to leave California, according to reporting Wednesday from TheWrap. Paramount has not formally announced a relocation, and a company spokesperson declined to comment to the publication.
The potential move centers on Paramount Skydance’s proposed approximately $110 billion acquisition of Warner Bros. Discovery, a deal being challenged on antitrust grounds by California and a coalition of 11 other states, along with a separate challenge from the Writers Guild of America. California Attorney General Rob Bonta argues that combining the two entertainment companies could reduce competition, potentially leading to higher prices and fewer choices for consumers.
A court agreement currently prevents Paramount and Warner Bros. Discovery from completing the merger until June 1, 2027, or until after a court decision on the states’ claims, whichever comes first. The antitrust case is scheduled for trial in March 2027.
Paramount’s Hollywood Future
At the center of the controversy is Paramount’s historic studio complex at 5555 Melrose Avenue in Hollywood, one of the entertainment industry’s most recognizable properties.
The Los Angeles Times reported that Paramount CEO David Ellison has told associates that he would prefer to remain in Los Angeles. However, Paramount’s board has reportedly approved a contingency plan that could move the company’s headquarters out of Hollywood, and Ellison has indicated that the company is prepared to sell its historic studio properties and relocate operations if the merger remains stalled.
Tennessee, Texas and Georgia have emerged in reports as potential destinations should Paramount ultimately decide to relocate.
The financial pressure is significant. Beginning October 1, Paramount faces a roughly $7 million-per-day additional payment obligation tied to delays in completing the Warner Bros. Discovery transaction. Paramount has asked the federal court to require the states and the Writers Guild of America to post a $1.88 billion bond to cover potential costs associated with the delay.
What’s at Stake for Los Angeles?
A Paramount departure could extend far beyond the loss of a famous Hollywood address.
An economic analysis cited by TheWrap estimates that a large-scale Paramount departure could put as many as 57,980 full-time jobs, $21.2 billion in annual economic output and approximately $1.17 billion in state and local tax revenue at risk. Those figures represent an economic-impact scenario rather than a prediction that all of those losses would necessarily occur.
There are competing concerns about the merger itself. Los Angeles County analysis has estimated that completing the Paramount-Warner Bros. combination could also eliminate thousands of entertainment and related jobs because of consolidation. Opponents of the merger, including entertainment unions, have raised concerns about reduced competition and employment, while supporters argue that reaching a settlement could help prevent Paramount from moving operations out of California.
Mayor Bass has said she remains focused on protecting Los Angeles entertainment jobs and keeping Hollywood’s entertainment industry centered in the city. Bonta’s office, meanwhile, has maintained that California will continue enforcing its antitrust laws while remaining open to good-faith discussions. There is still an opportunity for the dispute to be resolved before Paramount makes a final decision about its California operations. Paramount Skydance and representatives for California Attorney General Rob Bonta are scheduled to participate in court-ordered settlement talks on October 14 and 15. The discussions could potentially resolve the antitrust dispute and clear a path for Paramount’s proposed Warner Bros. Discovery acquisition. For now, Paramount has made no official announcement that it is leaving California. The company declined to comment on reports Wednesday that it was preparing to announce a departure. That leaves the future of Paramount’s Hollywood operations — including its historic Melrose Avenue studio — uncertain as the legal and financial pressure surrounding the merger continues to build. Settlement Talks Scheduled
For now, the gates at Paramount remain firmly planted on Melrose Avenue.
Settlement Talks Scheduled
There is still an opportunity for the dispute to be resolved before Paramount makes a final decision about its California operations.
Paramount Skydance and representatives for California Attorney General Rob Bonta are scheduled to participate in court-ordered settlement talks on October 14 and 15. The discussions could potentially resolve the antitrust dispute and clear a path for Paramount’s proposed Warner Bros. Discovery acquisition.
For now, Paramount has made no official announcement that it is leaving California. The company declined to comment on reports Wednesday that it was preparing to announce a departure.
That leaves the future of Paramount’s Hollywood operations — including its historic Melrose Avenue studio — uncertain as the legal and financial pressure surrounding the merger continues to build.uilding around the Warner Bros. Discovery deal, the question of whether one of Hollywood’s most historic studios will continue calling California home has moved from speculation to a potentially consequential decision for Los Angeles and its entertainment industry.
STM Daily News will continue monitoring the Paramount-Warner Bros. Discovery dispute and what it could mean for Hollywood, entertainment workers and the future of film and television production in California.
Source and Related Reading
- California Attorney General — Agreement Halting Paramount/Warner Bros. Merger — Primary source explaining the states’ antitrust challenge and agreement delaying completion of the merger.
- Los Angeles Times — Paramount and Bonta Ordered Into Settlement Talks — Reports the October 14–15 settlement meetings and current state of the dispute.
- Los Angeles Times — Paramount’s Possible Hollywood Exit — Detailed reporting on the relocation contingency, potential destinations and implications for Los Angeles.
- Reuters — DOJ Backs Bond Demand in Paramount-Warner Fight — Covers the $1.88 billion bond dispute, $7 million daily fee and March trial.
- TheWrap — Paramount Preps California Exit — Reports the latest developments surrounding Paramount’s potential departure.
Last Updated on October 9, 2026 by Daily News Staff
From haunted mazes after dark to daytime trick-or-treating with Snoopy, Knott’s offers two ways to celebrate Halloween in 2026.
BUENA PARK, Calif. — Halloween season is underway at Knott’s Berry Farm, where visitors can choose between the nighttime frights of Knott’s Scary Farm and the playful daytime activities of Knott’s Spooky Farm.
For readers planning a Southern California outing this October, the two celebrations offer different ways to get into the Halloween spirit.
Scary Farm brings new nightmares after dark
Knott’s Scary Farm runs on select nights through October 31, 2026, transforming the park with haunted mazes, scare zones, shows, and more than 1,000 creatures, according to Knott’s.
Two new mazes join this year’s lineup. Inked turns a cartoonist’s creations into a nightmare, while Unearthed sends visitors into an excavation where an ancient evil has awakened.
Also new for 2026 is Color Collect, an activity in which guests use an interactive lantern to activate pillars around the park and collect six colors.
Scary Farm requires its own paid event admission. As of October 4, online single-night tickets are advertised from $65, with taxes potentially additional. Knott’s does not recommend the event for children under 13.
Spooky Farm offers daytime Halloween fun
For families seeking a gentler celebration, Knott’s Spooky Farm takes place Thursdays through Sundays, September 24–October 31, plus October 12, according to the park’s events calendar, which lists the additional date as Columbus Day.
Children can trick-or-treat through Ghost Town, enjoy games and spooky stories with Snoopy and the Peanuts characters, and show off their Halloween outfits at Snoopy’s Spooktacular Costume Party.
Other activities include the Creepy Critters of Calico, cookie decorating in the pumpkin patch, and performances by the Bob Baker Marionette Theater. Cookie decorating carries an additional fee.
The daytime celebration gives families a chance to enjoy Halloween decorations, treats, and entertainment together before the nighttime haunt begins.
Planning your visit
Knott’s Berry Farm is located at 8039 Beach Boulevard in Buena Park, California. Before heading out, check the park’s official calendar for your chosen date, operating hours, admission options, and event policies.
Whether your Halloween plans call for a bag of candy or a trip through a haunted maze, Knott’s has a seasonal celebration to match.
Keep the fun going: Visit STM Daily News for more entertainment news, theme park updates, and stories worth sharing.
Official sources
- Knott’s Scary Farm: attractions and tickets
- Knott’s Spooky Farm: activities and entertainment
- Knott’s Berry Farm: seasonal event dates
Information checked October 4, 2026. Event schedules, offerings, and ticket prices may change.
The next round of Street Fighter is heading to the big screen. Paramount Pictures and Legendary Pictures will release the new live-action movie exclusively in theaters on October 16, 2026, bringing Capcom’s video game characters into a story built around rivalries, a dangerous tournament, and a conspiracy lurking behind the competition.
Directed by Kitao Sakurai, the film features Andrew Koji as Ryu, Noah Centineo as Ken Masters, and Callina Liang as Chun-Li, alongside an ensemble that includes Jason Momoa, Curtis “50 Cent” Jackson, and wrestling stars Roman Reigns and Cody Rhodes.
Ryu and Ken Face a Fight Beyond the Arena
Set in 1993, the movie finds Ryu and Ken estranged when Chun-Li draws them back into combat for the next World Warrior Tournament. What initially looks like a chance to test their fighting skills becomes something much more dangerous.
According to the studio’s synopsis, a deadly conspiracy puts the two fighters on a collision course, forcing them to confront both each other and unresolved struggles from their past. That setup gives the film a personal conflict to explore alongside its tournament action.
For viewers who remember gathering around an arcade cabinet, the 1993 setting offers a nostalgic hook. The studio is also promising familiar signature moves, including Hadoukens and roundhouse kicks, as the game’s combat makes the jump to live action.
A Cast Packed With Familiar Fighters
Beyond its central trio, the announced lineup brings together actors, comedians, musicians, wrestlers, and martial artists. Among the character pairings:
- Joe “Roman Reigns” Anoai as Akuma
- David Dastmalchian as M. Bison
- Cody Rhodes as Guile
- Vidyut Jammwal as Dhalsim
- Orville Peck as Vega
- Olivier Richters as Zangief
- Hirooki Goto as E. Honda
- Mel Jarnson as Cammy
- Curtis “50 Cent” Jackson as Balrog
- Jason Momoa as Blanka
The cast also includes Andrew Schulz as Dan Hibiki, Eric André as Don Sauvage, Rayna Vallandingham as Juli, Kyle Mooney as Marvin, and Alexander Volkanovski as Joe.
With so many characters sharing the screen, one question will be how the movie balances the wider roster with Ryu and Ken’s central story. The announced cast gives longtime fans plenty of familiar names to watch for.
Who Is Behind the Movie?
Paramount Pictures and Legendary Pictures present Street Fighter in association with Capcom. The Legendary Pictures production is based on the Capcom video game, with a story by Dalan Musson and Gary Dauberman and a screenplay by T.J. Fixman and Kitao Sakurai.
Producers include Mary Parent, Cale Boyter, Jason Momoa, Takayuki Nakayama, and Stefan Makhoul. The supplied production announcement notes that credits are subject to change.
Release Date and Rating
Street Fighter opens only in theaters October 16, 2026. The film is rated PG-13 for violence/action, bloody images, strong language, sexual references, partial nudity, and brief smoking, according to the supplied studio announcement.
Fans can visit Paramount’s official Street Fighter page for the trailer and film information, and follow #StreetFighterMovie for promotional updates.
Which fighter are you most excited to see in live action? Share your pick in the comments, and visit STM Daily News for more Entertainment coverage and newsletter updates.
Source: Supplied Paramount Pictures/Legendary Pictures production announcement; release date, synopsis, and selected credits checked against Paramount’s official film page. This article is a preview, not a review.
amusement and theme parks
Six Flags Magic Mountain Unveils Record-Setting ‘Thrill Glider’ Coaster for 2027
Six Flags Magic Mountain is taking flight in 2027 with Thrill Glider, a first-of-its-kind coaster combining flying, motorbike and suspended ride technology with multiple launches, five inversions and speeds up to 50 mph.
Last Updated on September 27, 2026 by Daily News Staff
VALENCIA, Calif. — Six Flags Magic Mountain is preparing to add another major attraction to its coaster lineup with Thrill Glider, a first-of-its-kind roller coaster scheduled to open in 2027.
The Southern California theme park announced Sept. 10 that the new attraction will combine elements of flying, motorbike and suspended roller coasters to create what the park is calling an entirely new category: the “Thrillglider.”
Developed by coaster manufacturer Vekoma, Thrill Glider will place riders aboard specially designed “hovercycles.” Instead of sitting upright, riders will be positioned face-forward and prone beneath the track, creating the sensation of flying through the terrain.
The approximately 80-second ride will feature multiple launches reaching speeds of 50 mph, along with 12 airtime moments, five inversions and 20 track elements spread across nearly 3.5 acres. Onboard audio and lighting effects will add to the experience.
A Record-Setting New Coaster
According to Six Flags, Thrill Glider will stretch 3,380 feet — more than half a mile — and reach a maximum height of 107 feet. The company says the attraction will establish several records within the newly created Thrillglider category, including world’s longest, fastest and tallest Thrillglider.
The ride will also feature an elaborate science-fiction storyline centered on the fictional QuantumPulse Propulsion Systems and its discovery of an energy source called PSR B417. Guests will encounter futuristic displays, holographic presentations and other themed elements before boarding their hovercycles.
“Thrill Glider is more than a new attraction. It is the latest milestone in Six Flags Magic Mountain’s renaissance and a reflection of the park’s enduring role as an industry innovator,” park president Brian Oerding said in the announcement.
Where Will Thrill Glider Be Located?
Thrill Glider will occupy the former Golden Bear Theatre site, positioned between Full Throttle and LEX LUTHOR: Drop of Doom and next to the recently reimagined Looney Tunes Land.
Construction is already underway, with Six Flags planning to open the attraction sometime in 2027. A specific opening date has not yet been announced. The minimum rider height will be 48 inches.
The addition continues Magic Mountain’s long-running emphasis on ambitious roller coasters and introduces a substantially different ride experience: part flying coaster, part launched coaster and part futuristic motorcycle adventure.
Source/ Related Links
Six Flags Magic Mountain — Official Site
Source: Six Flags Magic Mountain press release, Sept. 10, 2026.
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