The entertainment industry is facing a new wave of anxiety as Netflix has announced its deal to acquire Warner Bros. Discovery in an $83 billion deal. Many fear that this move will lead to more job losses, theater closings, and fewer boundary-pushing movies. Industry leaders, including Jane Fonda and Michael O’Leary, are speaking out against the merger, citing concerns about antitrust laws and the impact on local production. Netflix has assured investors that it will honor Warner Bros.’ business model, but many in Hollywood remain skeptical. The deal is subject to federal regulatory approval, and the Trump administration’s influence may also play a role in its outcome.
Source: https://www.nytimes.com/2025/12/06/business/media/hollywood-reaction-netflix-warner-bros.html