"This merger threatens the livelihoods of the very workers who built these studios into industry giants. We've seen what happens when corporations consolidate power: jobs disappear, production leaves American communities and workers pay the price. The DOJ has a responsibility to stop deals that eliminate competition and harm working families."
"Previous mergers have a well-documented track record of harming workers - Disney's 2019 acquisition of 20th Century Fox resulted in eliminated production units, significant job losses and canceled projects. Motion Picture Teamsters, the division of the union concentrated in Hollywood that transports the equipment, props and crew members that make productions possible, stand to be most impacted."
The International Brotherhood of Teamsters has submitted a report to the US Department of Justice's Antitrust Division opposing the Paramount-Skydance merger with Warner Bros. Discovery. The union argues the consolidation threatens workers' livelihoods by eliminating jobs and reducing competition. Teamsters General President Sean M. O'Brien stated that corporate consolidation historically results in job losses and production relocating away from American communities. The union cites Disney's 2019 acquisition of 20th Century Fox as precedent, which resulted in eliminated production units and significant job losses. Motion Picture Teamsters, the Hollywood division handling equipment and crew transport, faces the most direct impact. The union demands the DOJ intervene unless the companies provide enforceable commitments to maintaining domestic production and strong labor standards.
Read at Engadget
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