Media Monday: Ellison’s Exit Strategy & The Lakers Flip

Jon Kelly and Peter reunite for a California edition of Media Monday, starting with the standoff between AG Rob Bonta and David Ellison, who’s threatening to pull Paramount out of the state unless Bonta drops his antitrust suit against the Warner Bros. merger. Then they turn to Bob Iger and Josh Kushner’s staggering $12.5 billion deal for the Lakers, and the private equity money reshaping sports.