Following news that Paramount has launched a rival bid to acquire Warner Bros. Discovery (WBD) after Netflix announced plans to acquire the same company last week, the American Economic Liberties Project released the following statement.
“There is no reason Warner Bros. Discovery should be acquired by a rival who will reduce competition. This is a company that ranked number one at box office in 2025,” said Matt Stoller, Research Director at the American Economic Liberties Project. “Both the Paramount and the Netflix bids to acquire it look illegal, and would further deepen the media consolidation crisis that is eroding our creative economy and freedom of expression. Paramount specifically would be well positioned to manipulate the news to please the President, which David Ellison made clear it intends to do in an interview earlier today. There is a reason that policymakers and workers in Hollywood have come out against each iteration of this deal. Rather than allowing further consolidation in the industry, policymakers must reregulate the market with prohibitions on vertical integration.”
Read Senator Chris Murphy’s recent thread on the Paramount and Netflix bids here.
Learn more about Economic Liberties here.
This content originally appeared on Common Dreams and was authored by Newswire Editor.
Newswire Editor | Radio Free (2025-12-08T19:15:30+00:00) Warner Bros. Discovery Should Remain Independent to Keep Film/TV Markets Competitive. Retrieved from https://www.radiofree.org/2025/12/08/warner-bros-discovery-should-remain-independent-to-keep-film-tv-markets-competitive/
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