After more than 1,000 Hollywood content creators and other figures signed on to a letter opposing the Paramount–Warner Bros. Discovery merger, the company has responded by making the case that the transaction will ensure that there will be “more avenues for their work, not fewer.”
The company statement said, “This transaction uniquely brings together complementary strengths to create a company that can greenlight more projects, back bold ideas, support talent across multiple stages of their careers, and bring stories to audiences at a truly global scale—while strengthening competition by ensuring multiple scaled players are investing in creative talent.
“We have been clear in our commitments to do just that: increasing output to a minimum of 30 high-quality feature films annually with full theatrical releases, continuing to license content, and preserving iconic brands with independent creative leadership —ensuring creators have more avenues for their work, not fewer.”
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