Among the latest happenings in the Golden State: choosing California-based “winners” and “losers” in the aftermath of the settlement of the state attorney generals’ antitrust suit blocking the Paramount-Warner Bros. merger (a good day for Paramount Skydance CEO David Ellison, not one of California AG Rob Bonta’s better moments, and mixed results at best for Hollywood-based entertainment); what an audit exposing consultants’ expenses says about the troubled state of the Golden State’s high-speed rail project (life’s been good for tiki bars and “escape rooms”); and a river-wading Gavin Newsom fishing for attention in Montana (though California’s governor looked like a fish out of water while fly-fishing). Also discussed: what’s at stake in the upcoming gubernatorial debate between Democrat Xavier Becerra and Republican Steve Hilton and a California governor’s race that’s been mostly quiet since a contentious June primary.
Recorded on August 24, 2026.
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