"We are deeply concerned by indications of support for this merger that prioritise the interests of a small group of powerful stakeholders over the broader public good. The integrity, independence and diversity of our industry would be grievously compromised."
"Competition is essential for a healthy economy and a healthy democracy. So is thoughtful regulation and enforcement. The letter argues that media consolidation has already weakened one of America's most vital global industries."
"A vibrant future must be ensured for the US's single most significant export. Other signatories to the letter include Jane Fonda, Javier Bardem, Glenn Close, and many more, highlighting widespread concern across the industry."
More than 1,000 film and TV professionals, including Joaquin Phoenix and Kristen Stewart, signed an open letter against Paramount's acquisition of Warner Bros Discovery. The letter expresses concern that the merger prioritizes powerful stakeholders over the public good, threatening the integrity and diversity of the industry. It argues that media consolidation has weakened a vital American industry that shapes culture globally. The signatories include notable figures from both film and television, emphasizing the need for competition and thoughtful regulation in the media landscape.
#media-consolidation #industry-protest #paramount-acquisition #public-good #film-and-tv-professionals
Read at www.theguardian.com
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