Netflix isn’t buying Warner Bros, Paramount is
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The WGAE and WGAW are jointly filing a lawsuit alleging the merger violates antitrust law, following a similar lawsuit filed by a dozen state attorneys general. The WGA says it has “opposed the merger since day one,” adding:
[T]he proposed Paramount-Warner Bros. merger would reduce competition between buyers of film and television writing services, giving the combined entity increased incentive and ability to suppress writers’ compensation, erode deal terms, create new barriers for emerging writers to build sustainable careers and diminish the volume and diversity of content reaching audiences.
Disclosure: The Verge’s editorial staff is also unionized with the Writers Guild of America, East.
