Despite WBD Approval Of Paramount Merger, Hollywood Continues Battle
The 4,194-signature campaign says the merger would cut jobs, raise costs and reduce the number of TV shows and films.
- On Thursday, Warner Bros. Discovery shareholders overwhelmingly approved the $111 billion deal to sell the company to Paramount Skydance, led by CEO David Ellison.
- A Hollywood-backed petition opposing the merger has surpassed 4,194 signatories, including over 75 Oscar winners and nominees who fear the consolidation will reduce competition and creative opportunities.
- The Democracy Defenders Fund and other organizations issued a statement Thursday calling the merger a "serious setback" for the industry, workers, and democratic values, vowing to combine resources to stop it.
- Protesters organized a rally outside WBD's Manhattan headquarters ahead of the shareholder vote and planned a demonstration in Washington, D.C., outside a private dinner where Ellison is hosting President Donald Trump.
- While the shareholder vote advances the merger, the deal remains subject to regulatory review in the United States and Europe, as lawmakers signal potential legal challenges to block the transaction.
11 Articles
11 Articles
They started a few hundred, then went up to a thousand and now, in one of the peak moments of this economic and cinematic soap opera, there are already some 4,200 artists who have signed a letter against Warner and Paramount fusion, which seems to be getting closer and closer. Actresses, actors, screenwriters, directors, camera operators, producers, editors, composers, animators... they have named a manuscript in which they demand that the two e…
Hollywood will not be the same again. Warner Bros' extraordinary shareholders' meeting has ratified the merger proposal with Paramount Skydance Corporation on Thursday. This decision represents a decisive step towards the integration of two of the most iconic producers in the US and global film industry. According to Warner Bros CEO David Zaslav, this endorsement is "a fundamental step towards concluding a historic transaction that will bring ex…
Hollywood Petition to Block Paramount-Warner Bros. Merger Tops 4,000 Names as Robert De Niro, Sofia Coppola, Holly Hunter and More Join the Fight
including Robert De Niro, Sofia Coppola and Holly Hunter have signed joined an open letter opposing the Paramount-Warner Bros. merger, which now has more than 4,000 signatories.
Robert De Niro and Sofia Coppola Join Letter Against Warner and Paramount Merger - Information Focus
Robert De Niro and Sofia Coppola joined an open letter against the merger between Paramount and Warner Bros. Discovery (WBD), following the approval of the operation this Thursday by the WBD shareholders' meeting. Previously, more than 2,000 Hollywood industry professionals, including figures such as [...] The entry Robert De Niro and Sofia Coppola are added to letter against Warner's merger and Paramount was first published in Information Focus.
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