What America Loses If WB and Paramount Merge
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This episode of The Bulwark Goes to Hollywood examines the potential merger between Warner Brothers and Paramount, highlighting widespread concern among Hollywood creatives about the dangers of media consolidation. Sonny Bunch interviews Ted Hope, a veteran indie producer and leader of the Film Stack movement, who recounts how the film industry's landscape has changed dramatically since the 1990s, with the collapse of physical media, the rise of streaming platforms, and the shrinking number of distribution channels. He argues that the merger would further reduce diversity in storytelling, stifle independent voices, and threaten democracy by centralizing media control. The episode then features John Reese and Jax DeLuca of the Future Film Coalition, who discuss the growing 'Block the Merger' campaign, emphasizing that fear of retaliation has long silenced industry voices. They stress that the merger threatens not just A-list stars but thousands of below-the-line workers and small businesses, and they outline concrete actions—such as signing the open letter, submitting personal stories to blockthemerger.com, and contacting state attorneys general—to pressure regulators. The hosts underscore that this is not just about Hollywood but about preserving a free, diverse, and democratic public discourse.
Media consolidation reduces creative diversity and threatens independent filmmaking by eliminating key revenue streams like physical media and ancillary distribution.
The proposed Warner Brothers-Paramount merger could lead to fewer films, higher prices, job losses, and increased self-censorship in content due to debt-driven risk aversion.
The 'Block the Merger' campaign is a collective effort by filmmakers, distributors, and audiences to pressure state attorneys general to file antitrust lawsuits.
Audiences and below-the-line workers can contribute by sharing personal stories of how media consolidation has affected their access to films and livelihoods.
Long-term solutions include creating a U.S. National Film Board, implementing streaming platform taxes, and restoring specialty film divisions to support independent creators.
Introduction to the Merger Crisis and the 'Block the Merger' Letter
“We're down to potentially only having four major studios... and that's not a future we want to live in.”
Ted Hope on the Death of Independent Film's Economic Backbone
“Physical media was the backbone in the economic equation for prestige cinema.”
The Authoritarian Threat of Media Monopoly
“This is an authoritarian attempt to limit the opinions that we have and that we have access to.”
The Future Film Coalition and the Power of Collective Action
John Reese and Jax DeLuca of the Future Film Coalition explain how they launched the 'Block the Merger' campaign to counter fear and silence in the industry. They emphasize that the campaign is not just for stars but for all workers, from gaffers to distributors, and that the goal is to build pressure on state attorneys general to act.
Solutions and the Future of Independent Film
The guests propose long-term structural reforms, including a U.S. National Film Board, streaming platform taxes, and the restoration of specialty film divisions. They stress the need for policy-level change to support a sustainable independent film ecosystem and invite audiences to share their stories on blockthemerger.com.
“This is an authoritarian attempt to limit the opinions that we have and that we have access to.”
“Physical media was the backbone in the economic equation for prestige cinema.”
“We're down to potentially only having four major studios... and that's not a future we want to live in.”
Host
Guests
Ted Hope
person
Warner Brothers
organization
Jax DeLuca
person
Paramount
organization
Future Film Coalition
organization
John Reese
person
Netflix
organization
David Ellison
person
Amazon Studios
organization
Paramount Consent Decree
other
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