Netflix WBD deal faces industry backlash as executives defend jobs, theaters, and creative futures amid antitrust concerns.
Matilda
Netflix Responds To Concerns About WBD Deal
Netflix WBD Deal Triggers Industry Alarm The Netflix WBD deal has quickly become one of the most talked-about developments in Hollywood, raising urgent questions about jobs, competition, and the future of film and television. Announced at a reported $82.7 billion valuation, the proposed acquisition of Warner Bros. Discovery by Netflix has unsettled creatives, unions, and studio insiders alike. Many are asking whether this move would reshape theatrical releases, consolidate too much power under one streaming giant, or narrow opportunities for diverse storytelling. Within hours of the news breaking, concern rippled across Los Angeles and beyond. Industry veterans warned that the deal could redefine how content is made and distributed. Others questioned whether regulators would even allow it to move forward. At the center of the debate is whether Netflix can grow without fundamentally changing Hollywood’s creative ecosystem. Credit: Sam Wasson/ Getty Images Netflix Leadership Moves to Calm …
