More than 1,000 Hollywood figures have signed a letter against the takeover of Warner

More than 1,000 representatives of the film industry, including actors, screenwriters and directors, have issued an open letter against Paramount's acquisition of Warner Bros. Discovery. This is evidenced by an open appeal on the website on April 13.

The letter was initiated by several organizations, including the Committee on the First Amendment, the Foundation for the Defense of Democracy, and the Future Cinema Coalition.

"As filmmakers, documentarians, and professionals from the film and television industry, we are writing to express our unequivocal disagreement with the proposed merger of Paramount and Warner Bros. Discovery," the text says.

Among the signatories of the document are actors Bryan Cranston, Joaquin Phoenix, Glenn Close, Lily Gladstone, Emma Thompson, Marisa Tomei and Javier Bardem, as well as directors Yorgos Lanthimos, Adam McKay, Alex Gibney and Denis Villeneuve.

The authors of the appeal believe that the merger of two large studios could lead to job cuts and a deterioration in working conditions in the industry. They warn of a possible decrease in the number of projects, rising costs and reduced choice for viewers.

In February, Paramount Skydance (PSKOV) acquired the Warner Bros. studio. Discovery (WBD) for $110 billion. It was noted that the agreement ends trade disputes after Netflix rejected Paramount's latest purchase offer, which was deemed beneficial to Warner Bros.

At the same time, Netflix officially refused to buy the Warner Bros. studio. Discovery. The WBD Board of Directors recognized Paramount's offer as more profitable. Netflix has indicated that it is not ready to increase the amount of the offer above $83 million.

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