Hollywood in Panic After Netflix–Warner Bros. Deal
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Netflix’s massive $82.7B acquisition of Warner Bros. has sent shockwaves through Hollywood. The WGA called for the deal to be blocked entirely, warning it would slash jobs, reduce wages, and shrink creative output. Senator Elizabeth Warren also weighed in, calling it an “anti-monopoly nightmare.” With rivals like Paramount crying foul over an “unfair process,” all eyes now turn to regulators as the industry braces for historic consolidation.
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Hollywood panicking means the disruption is real.