Tennessee is courting Paramount Studios for a relocation, according to a story by The Hollywood Reporter.
Tennessee’s Commissioner of Economic and Community Development (TNECD) Stuart McWhorter encouraged the company to move its corporate headquarters to the state in a letter earlier this month.
The letter comes as Paramount battles the state of California over a takeover deal for Warner Bros. Discovery worth $111 billion, according to The Hollywood Reporter.
In his letter, McWhorter lauded Tennessee as “one of America’s most business-friendly states.” That success, he says, comes as the state is “rooted in fiscal discipline, low taxes, predictable government” and a belief that government should be partner to private-sector growth.
He said Tennessee’s economy is creative, tech-forward, is home to world class health care and manufacturing companies, and “one of the nation’s most vibrant creative communities.”
He also lauded the state’s music and music business sectors, education system, Nashville International Airport, and its position “within a day’s drive of nearly half the U.S. population.”
“As Paramount Skydance writes its next chapter, Tennessee offers a compelling proposition: a state where creativity and technology converge, where talent is developed intentionally, and where innovation is embraced,” McWhorter said. “We would welcome the opportunity to share our vision for how Tennessee could help shape the future of Paramount Skydance and its talented team.”
