"'the proposed sale of Warner Brothers Discovery to Netflix will be disastrous for the theatrical motion picture business that I have dedicated my life's work to.'"
"'Titanic' director calls proposed merger 'disastrous'"
"Many in Hollywood have not publicly spoken out against the proposed Netflix-Warner Bros. merger, fearing it could hurt their future employment prospects should it go through."
Netflix announced in December its intention to acquire Warner Bros. following Warner's planned separation from Discovery Global. The proposed merger has catalyzed debate across Hollywood about the future of theatrical cinema and industry structure. Many industry professionals have avoided public opposition due to concerns about harming future employment prospects if the deal proceeds. James Cameron, a highly successful and profitable filmmaker, sent a letter to Senator Mike Lee, chairman of the Senate Judiciary Subcommittee on Antitrust, warning that the sale would be disastrous for the theatrical motion picture business to which he has devoted his career.
Read at Fast Company
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