- Over a thousand prominent Hollywood figures, including acclaimed actors, writers, and directors, have declared their "unequivocal opposition" to the proposed merger between Paramount and Warner Bros. Discovery.
- Their concerns, articulated in an open letter, include fears of job losses, reduced film production, higher costs, and less choice for audiences, arguing it would reduce the number of major US film studios to just four.
- Luminaries such as Denis Villeneuve, Kristen Stewart, JJ Abrams, and Joaquin Phoenix are among the signatories against the £87 billion deal, which is awaiting a shareholder vote and government regulatory approval.
- David Ellison, CEO of Paramount Skydance, has attempted to allay fears by pledging to maintain both studios as standalone operations and commit to releasing 30 films annually, despite acknowledging "considerable cuts" due to duplicated roles.
- The opposition was organised by advocacy groups including the Committee for the First Amendment, with signatories like Damon Lindelof expressing fears that mergers lead to fewer movies, TV shows, and jobs.
IN FULL
More than 1000 Hollywood stars declare ‘unequivocal opposition’ to Paramount Warner Bros merger
