Paramount Global has launched a hostile all-cash takeover bid of $108 billion for Warner Bros. Discovery, directly challenging Netflix's reported $83 billion offer.Elizabeth Warren expressed serious antitrust concerns about both acquisition bids, warning they would reduce competition for consumers and workers in the streaming and film industries.Donald Trump also raised market consolidation worries, while
Hollywood remains anxious about the future of cinematic releases amidst fierce acquisition competition involving
David Ellison and
Larry Ellison.