Anonymous Celebrities Urge Congress to Oppose Netflix-WBD Acquisition: Fear Streamer's Impact on Theatrical Marketplace

A group of influential film industry figures has reached out to Congress with a stark warning about the potential consequences if Netflix successfully acquires Warner Bros. Discovery. The message, sent via email to lawmakers from both parties on Thursday, came from a group identifying itself only as concerned feature film producers.

The collective chose to remain anonymous, citing fear of backlash due to Netflixs dominant position as a distributor and content buyer. Neither Netflix nor Warner Bros. Discovery provided comments on the matter.

According to sources familiar with the situation, the coalition includes several high-profile filmmakers. Their letter emphasizes three major points of concern, particularly that Netflix could severely undermine the traditional theatrical market. The group warned that the company might reduce or eliminate the exclusive period that Warner Bros. films currently enjoy in theaters before moving to a combined Netflix-HBO Max streaming release.

Earlier reports suggested Netflixs plan could shrink theatrical windows to as little as two weeks, although other insiders familiar with negotiations have disputed this, claiming the windows would be longer. Competing bidders, including Comcast and Paramount, offer more traditional theatrical distribution strategies. Paramount has specifically committed to maintaining Warner Bros. as an independent studio producing at least 14 theatrical films annually.

The letter claims Netflix would effectively hold a noose around the theatrical marketplace, giving it the power to limit theatrical exposure and drive down licensing fees for post-theatrical releases. It also cites statements from Netflix co-CEO Ted Sarandos, who has repeatedly indicated that the companys business model does not prioritize movie theaters, including a 2023 earnings call remark stating, Driving folks to a theater is just not our business.

The producers urged Congress to publicly oppose the merger and subject it to the strictest antitrust review, emphasizing that the outcome could impact millions of jobs and threaten a valued artistic medium.

Author: Harper Simmons