South Bay Congressman Raises National Security Concerns About Paramount Hostile Takeover Bid of Warner Bros.

The article was originally published on https://sfist.com/2025/12/10/south-bay-congressman-raises-national-security-concerns-about-paramount-hostile-takeover-bid-of-warner-bros/The corporate drama gripping Hollywood right now could have national security implications, says South Bay Congressman Sam Liccardo in a new joint letter to the board of Warner Bros. Discovery. You've likely heard that David Ellison, the son of Larry Ellison, and his company Skydance, completed an $8 billion merger with Paramount in August. And reporting by the New York Times and others suggests that Ellison had planned to then go after an acquisition of Warner Bros. Discovery (WBD), creating a new behemoth in movies and streaming that could take on the likes of Netflix. Ellison's plan was seemingly thwarted last we