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Hollywood Stars Slam Warner-Paramount Merger

Published 1 week ago
Description

Over a thousand industry professionals, including Joaquin Phoenix and Mark Ruffalo, have signed an open letter opposing Warner Bros. Discoverys planned merger with Paramount and Skydance. They argue it will stifle competition, increase consolidation, and negatively impact creators and viewers. The letter highlights past mergers negative effects on film output and content diversity. While the letter may not kill the deal, U.S. and European regulators are scrutinizing the potential consumer and creative fallout, with Californias Attorney General leading a tough probe.

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