More than 1,000 writers, actors and directors released a letter on Monday opposing Paramount’s acquisition of Warner Bros. Discovery, saying the deal would harm Hollywood’s already distressed entertainment industry. The letter warns that merging two of Hollywood’s major studios will result in “fewer opportunities for creators, fewer jobs across the production ecosystem, higher costs and less choice for audiences in the United States and around the world.”
Source: Hollywood Heavyweights Sign Letter Opposing Paramount’s Deal for Warner Bros.