After the news broke Thursday that Paramount had outbid Netflix for the legacy studio, the WGA East and West weighed in via a joint statement on Friday, once again condemning any act of corporate consolidation.
“The combination is different but the outcome is the same: the proposed Paramount-Warner merger would consolidate control of two major film and television studios and streaming services, and two of the largest employers of writers,” the statement read. “The loss of competition would be a disaster for writers, consumers and the entire entertainment industry. This merger must be blocked.”
This is similar to the sentiment from the writers guild since Netflix first struck a deal for Warner Bros. in December, calling the move “what antitrust laws were designed to prevent.
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