Paramount Skydance's planned acquisition of Warner Bros. Discovery is being protested by much of Hollywood.
As of Tuesday afternoon, over 2,000 film and television professionals—including Mark Ruffalo, J.J. Abrams, Denis Villeneuve, and Ben Stiller—had signed an open letter opposing Paramount's acquisition of Warner Bros. The letter warns that the deal would reduce competition in the industry and accelerate consolidation, which the signatories say is responsible for "the disappearance of the mid-budget film, the erosion of independent distribution, [and] the collapse of the international sales market."
