LA County Board

19.\nProtecting Entertainment Jobs: Evaluating the Economic Impact of the\nPurchase of Warner Bros.\nRecommendation as submitted by Supervisor Horvath: Suspend Section 22.1 of\nthe Rules of the Board for the limited purpose of considering this motion.\nInstruct the Director of Economic Opportunity, in collaboration with the Acting\nChief Executive Officer and any other relevant County Departments and\nstakeholders, to report back to the Board in writing in 60 days with an interim\nreport back and 120 days with a final report back on the economic impact of\nthe proposed purchase on the Los Angeles County economy, including but not\nlimited, to the workforce - direct, indirect and induced employment. Authorize\nthe Director of Economic Opportunity to negotiate, execute, and amend\nagreement(s) necessary to implement and advance the directive in this motion.\nThe Board shall waive the requirements of Board Policy No. 5.100 for these\nagreements. The Department will fund this using funds currently in their\nBoard-approved Fiscal Year (FY) 2025-26 operating budget and work with the\nActing Chief Executive Officer to ensure sufficient resources for the economic\nimpact analysis. Create an action plan to support this workforce with job training\nand job placement by leveraging High Road Training Partnerships and other\nworkforce programs. Instruct County Counsel to submit formal comments to the\nUnited States Department of Justice regarding antitrust concerns, and monitor\nany action taken by State Attorneys General, including California Attorney\nGeneral Rob Bonta, who are investigating this deal and its potential\nanti-competitive impacts. (26-1651)\nMotion by Supervisor Horvath (Exempt From Cluster)