Film producers lobby Congress against Netflix-Warner Bros Discovery acquisition, Variety reports

Core Viewpoint - A consortium of prominent figures in the film industry has called on the U.S. Congress to take action against Netflix's potential acquisition of Warner Bros, citing concerns over an impending economic and institutional crisis in Hollywood [1] Group 1 - The consortium warns that if Netflix successfully acquires Warner Bros, it could lead to significant disruptions in the Hollywood ecosystem [1] - Industry leaders believe that such a merger would consolidate too much power in the hands of a single entity, potentially stifling competition and innovation [1] - The call for congressional intervention highlights the urgency of addressing the potential ramifications of this acquisition on the broader film industry [1]