SAG-AFTRA Comes Out Against Paramount-Warner Bros. Merger - The Hollywood Reporter
The performers union SAG-AFTRA has formally opposed the proposed $111 billion merger between Paramount and Warner Bros. The union is demanding enforceable safeguards to protect domestic production jobs.
Why it matters
This opposition represents a significant hurdle for media consolidation and highlights labor concerns regarding the outsourcing of entertainment production.
Hollywood's largest union has gone public with its opposition to the Paramount-Warner Bros. merger.
In the wake of 12 state attorneys suing to block the $111 billion transaction, the national board for the performers union adopted a resolution on Saturday to formally resist the merger and support the regulators' action. The union says it will oppose the deal unless "enforceable safeguards" are established against a drop in productions from the combined company with "guarantees of increases" in the percentage of films and television shows produced in the U.S.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in