Is David Ellison considering a nuclear option of relocating Paramount's headquarters from California -- and potentially diverting billions of production dollars from the Golden State -- if California Attorney General Rob Bonta files his expected challenge to the Paramount-Warner Bros. Discovery deal?

David Ellison's confidants are said to be urging him to relocate his corporate headquarters out of the state.

Paramount is reportedly exploring relocating its headquarters as California and other states prepare a lawsuit to block its $111 billion merger with Warner Bros