1,000+ Hollywood Stars Sign Letter Opposing $111B Warner Merger
Signatories say the $111 billion deal would cut jobs, reduce film output and narrow creative choices across the industry.
- More than 1,000 film and TV creatives, including Joaquin Phoenix, Ben Stiller, and Kristen Stewart, signed an open letter on Monday opposing the pending Paramount-Warner Bros acquisition.
- Media consolidation has accelerated the disappearance of mid-budget films and eroded independent distribution, creating severe strain for the creative community and threatening the industry's sustainability.
- Signatories warned the merger would reduce major American film studios to four, further narrowing the kinds of stories financed and distributed across the industry.
- California Attorney General Rob Bonta and colleagues in other states are reportedly scrutinizing the merger, considering legal action to block the transaction over Competition concerns.
195 Articles
195 Articles
More than a thousand Hollywood figures pronounced themselves against the purchase of Warner Bros. by Paramount through a letter released by The New York Times
In an online letter, actors, directors and screenwriters are concerned about a threat to the "integrity, independence and diversity" of the film industry.
Hollywood stars oppose Paramount Warner Bros. deal | Honolulu Star-Advertiser
More than 1,000 writers, actors and directors released a letter Monday opposing Paramount’s acquisition of Warner Bros. Discovery, saying the deal would harm Hollywood’s already distressed entertainment industry.
Hollywood stars speak out against Paramount-Warner deal
An open letter signed by hundreds of Hollywood heavyweights, including Jane Fonda, Joaquin Phoenix and Bryan Cranston, was published Monday opposing a deal that would see the historic Warner Bros. studio swallowed by rival Paramount.
1,000+ Hollywood Insiders Write Letter Opposing Paramount/Warner Bros Merger
More than 1,000 top Hollywood professionals ranging from Glenn Close to Denis Villeneuve have signed off on a new letter opposing the merger between Larry Ellison’s Paramount/CBS and Warner Brothers, warning that the massive $111 billion deal will result in unprecedented layoffs at a time when Hollywood, and American consumers, are already reeling from layoffs and higher costs. “This transaction would further consolidate an already concentrated …
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