WGA Statement on the Acquisition of Warner Bros. Discovery by Netflix

The following is a statement from the Writers Guild of America East (WGAE) and Writers Guild of America West (WGAW) on the acquisition of Warner Bros. Discovery by Netflix:

The world’s largest streaming company swallowing one of its biggest competitors is what antitrust laws were designed to prevent. The outcome would eliminate jobs, push down wages, worsen conditions for all entertainment workers, raise prices for consumers, and reduce the volume and diversity of content for all viewers. Industry workers along with the public are already impacted by only a few powerful companies maintaining tight control over what consumers can watch on television, on streaming, and in theaters. This merger must be blocked.

The Writers Guild of America East (WGAE) and Writers Guild of America West (WGAW) are labor unions representing writers in motion pictures, television, cable, broadcast news, podcasts and online media. The Guilds negotiate and administer contracts that protect the creative and economic rights of their members; conduct programs, seminars, and events on issues of interest to writers; and present writers’ views to various bodies of government. For more information on the Writers Guild of America East, visit www.wgaeast.org. For more information on the Writers Guild of America West, visit www.wga.org.

###