More than 1,000 film and television professionals, including Joaquin Phoenix, Mark Ruffalo, Emma Thompson, and Ben Stiller, have signed an open letter opposing Paramount's proposed acquisition of Warner Bros Discovery. The letter, published on BlocktheMerger.com, argues that the merger would prioritise the interests of a small group of powerful stakeholders over the broader public good.
The signatories warn that media consolidation has already weakened the industry and that the deal would compromise its integrity, independence, and diversity. They call for thoughtful regulation and enforcement to ensure a vibrant future for what they describe as America's single most significant export.
Other notable signatories include Jane Fonda, Javier Bardem, Glenn Close, Denis Villeneuve, and David Chase. Many have longstanding ties to both studios, with Ruffalo and Phoenix having worked extensively with Warner Bros, and Stiller and Danson with Paramount.
The $111bn deal, which would merge two of Hollywood's biggest studios, is awaiting regulatory approval. Critics fear it could lead to job losses and diminished quality. Paramount CEO David Ellison has pledged to release 30 films in cinemas annually, but scepticism remains, especially given the Ellison family's ties to Donald Trump, which some believe could reduce politically engaged content.
Warner Bros films won a record 11 Oscars in March, while Paramount failed to secure a single nomination. Paramount later issued a statement reiterating its commitment to theatrical releases and arguing the merger would strengthen competition by enabling more projects and supporting talent globally.
