1,000 Hollywood stars sign open letter against studio merger deal
Hollywood heavyweights, including Jane Fonda and Joaquin Phoenix, are protesting Paramount Skydance's proposed $111 billion takeover of Warner Bros. Over 1,000 signatories fear the mega-merger will reduce competition, leading to fewer creator opportunities, job losses, and less choice for audiences. They argue this consolidation further strains an already struggling industry.
