Hollywood's Big Shake-Up: Netflix Takes Over Warner Bros.
Hollywood is not happy. A huge change is happening. Netflix is buying Warner Bros. for a massive $83 billion. This includes HBO Max too. People are upset. They feel this deal is not good.
From Sadness to Anger
First, there was sadness. Warner Bros. Discovery was struggling. Many thought it was the end of an era. Now, anger is taking over. Famous actors, writers, and theater owners are speaking out. They think this deal is a big problem.
Celebrities and Industry Leaders Speak Out
Jane Fonda wrote a strong letter. She said this deal is scary. It could hurt the whole entertainment world. She worries about free speech too.
Michael O'Leary, who runs Cinema United, agrees. He thinks theaters will suffer. Jobs might be lost. He promises to fight this deal.
Unions Join the Opposition
The Writers Guild of America is also against it. They say big companies should not take over others. The Teamsters feel the same way. They want the government to stop this deal.
Netflix's Response
Netflix says don't worry. They promise to keep releasing movies in theaters. Ted Sarandos, Netflix's co-chief, said they are not against theaters. But many people are still not convinced.
The Future of Entertainment
This deal is making waves. It's not just about money. It's about the future of movies and entertainment. People are worried. They want to protect what they love. Only time will tell what happens next.