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0 0.00018301610541737 0 0.000366032210834611 0.000915080527086462 0.0021961932650074 0.000732064421669091 0.000915080527086462
Stock impact report

Jane Fonda, Mark Ruffalo, more oppose Paramount merger in open letter [USA TODAY]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: USA TODAY
| Reuters "The Pitt" star Noah Wyle testifies at hearing on Paramount-Warner Bros. merger and the potential future of Hollywood. Over 1,000 filmmakers, actors and industry professionals signed an open letter opposing Warner Bros. Discovery 's proposed $110 billion merger with Paramount Skydance , warning it would reduce competition and deepen consolidation in the U.S. media sector. Actors including Jane Fonda Joaquin Phoenix and Mark Ruffalo were among the signatories to the letter, which said the merger would result in fewer opportunities for creators, pressure on jobs across the production ecosystem, higher costs and less choice for audiences. Paramount Skydance and Warner Bros. Discovery did not immediately respond to Reuters' requests for comment. The letter, released on Monday, April 13, stated that prior waves of consolidation have already put the industry under pressure, reducing the number of films produced and released and narrowing the range of stories that receiv Show less Read more
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