1,000 Hollywood stars sign open letter against studio merger deal

Hollywood heavyweights, including Jane Fonda and Joaquin Phoenix, are protesting Paramount Skydance's proposed $111 billion takeover of Warner Bros. Over 1,000 signatories fear the mega-merger will reduce competition, leading to fewer creator opportunities, job losses, and less choice for audiences. They argue this consolidation further strains an already struggling industry.

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