“The result will be fewer opportunities for creators, fewer jobs across the production ecosystem, higher costs, and less choice for audiences in the United States and around the world,” reads the letter, posted on BlocktheMerger.com. “Alarmingly, this merger would reduce the number of major U.S. film studios to just four.”
Ellison, chief executive of Paramount Skydance, has pledged to keep Paramount and Warner Bros. as stand-alone movie studio operations, and vowed to release a combined 30 movies a year in theaters. Paramount has acknowledged the merger will also lead to significant cuts due to duplication.
In response to the open letter, Paramount issued a statement Monday arguing that the merger will give creators “more avenues for their work, not fewer.”
“This transaction uniquely brings together complementary strengths to create a company that can greenlight more projects, back bold ideas, support talent across multiple stages of their careers, and bring stories to audiences at a truly global scale,” the studio said.
But many in the film industry believe a merger will mean extensive job losses and a consolidation of power.
“We are deeply concerned by indications of support for this merger that prioritize the interests of a small group of powerful stakeholders over the broader public good,” read the letter. “The integrity, independence, and diversity of our industry would be grievously compromised.”
“Hollywood mergers mean fewer movies and fewer TV shows and that means fewer jobs,” wrote Lindelof. “When two storied backlots are owned by the same company, the outcome is intuitive — one becomes a Ghost Town. I’m scared. But I’m not a ghost. And a fight is already lost if it’s never fought.”
Representatives for Warner Bros. didn’t immediately respond to a request for comment on the letter.
