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Hollywood’s Exodus Accelerates: Paramount Threatens to Leave California
Hollywood’s production decline continues, with another longtime service company shutting down and Paramount Skydance CEO David Ellison threatening to relocate the studio’s headquarters and jobs out of California unless Attorney General Rob Bonta settles or drops an antitrust challenge to Paramount’s planned acquisition of Warner Bros. Discovery. Paramount Studios, Hollywood, CA - Credit: travelinusa.us Shadowcast Pictures, a Los Angeles-based production equipment rental compa

Rex Ballard
Aug 173 min read


Progressive Cities Running Out of Other People’s Money
All these empty office spaces belong to someone. - Credit: nytimes.com As Margaret Thatcher famously observed, “The problem with socialism is that you eventually run out of other people’s money.” In 2026, New York City and Seattle provide textbook examples. Decades of progressive policies—sky-high taxes, heavy regulations, and expansive social spending—have strained budgets, prompting more tax hikes on businesses and high earners. The result? Major employers, founders, and wo

Rex Ballard
Jun 153 min read
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