James Cameron Slams Proposed Netflix Acquisition of Warner Bros, Says It's a Threat to Theatrical Moviegoing
James Cameron is sharing his thoughts on the forthcoming possible merger of Netflix and Warner Bros.
The streamer is in negotiations to take control over Warner Bros.’ film and TV studios, as well as HBO and the streaming service HBO Max, in a massive deal valued at an estimated $82.7 billion.
The acclaimed Avatar filmmaker has now sent a letter to Utah Senator Mike Lee, who is the chair of the Senate subcommittee on antitrust, saying the merger could be disastrous for the film industry and theatrical moviegoing.