As it prepares for negotiations for a new film and TV contract – and a possible writers strike in May – the WGA West is once again blasting Warner Bros Discovery for going back on its promise that the merger that created the giant media conglomerate last year would create more opportunities for content creators. “WarnerMedia and Discovery promised that their merger would allow the new company to invest in more original content and create more opportunity for underrepresented storytellers,” the guild said in a statement Monday. “Less than one year after the merger’s close, Warner Bros.
Discovery has laid off hundreds of workers and canceled, pulled, or written off $2 billion in content, spotlighting the predictable harms of consolidation.” “Warner-Discovery is the latest disastrous merger to demonstrate the harms of consolidation, and particularly the threat to diversity when gatekeepers combine to increase their power,” Laura Blum-Smith, the guild’s director of research and public policy, said in a statement. “Almost immediately after closing, Warner Bros.
Discovery broke the hollow promises it had made of merger benefits. As a result, writers – including many women and people of color – have lost opportunities and future income, while consumers are left with reduced variety and choice of content.” Deadline reached out to a spokesperson for the company, and will update this story with any comment.
The guild’s latest denunciation of Warner Bros Discovery comes in the form of a follow-up bulletin to its 2021 report “Broken Promises: Media Mega Mergers and the Case for Antitrust Reform,” which highlighted what the guild called a “failed” U.S.Read more on deadline.com