Netflix isn’t buying Warner Bros, Paramount is
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Paramount responds to Hollywood pushback against Warner Bros. acquisition.
In a statement to Deadline, Paramount argues that its merger will ensure “creators have more avenues for their work, not fewer:”
We have been clear in our commitments to do just that: increasing output to a minimum of 30 high-quality feature films annually with full theatrical releases, continuing to license content, and preserving iconic brands with independent creative leadership.
On Monday, more than 1,000 Hollywood professionals signed an open letter opposing Paramount’s $110 billion deal.
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