Real estate development

Paramount Skydance is actively scouting office space in Nashville, according to people familiar with the search, signaling the company is seriously weighing relocating at least part of its operations from Hollywood. The studio has sought roughly 400,000 square feet in the Tennessee capital for occupancy within two to three years, but no existing building fits its timeline, so representatives have also approached developers about constructing new offices, including a multi-acre parcel outside downtown Nashville.

The relocation talk comes as Paramount faces an antitrust lawsuit from 12 states, including California, over its pending purchase of Warner Bros. Discovery. California Attorney General Rob Bonta has characterized the relocation threat as attempted "blackmail," and critics argue Paramount is using the possibility of leaving Los Angeles as leverage in settlement negotiations with state attorneys general. Paramount has declined to comment but has acknowledged for months that it is considering a move while also emphasizing its ties to Los Angeles. No final decision has been announced.