Academy Award-winning movie titan James Cameron penned a letter Sen. Mike Lee (R-UT) warning that Netflix acquiring Warner Bros. Discovery could lead to the death of cinema.
In the letter, obtained by CNBC, Cameron warned Lee, who chairs the Senate subcommittee on antitrust, that Netflix successfully acquiring Warner Bros. could lead to the death of movie theaters, exhibition cinema, and the loss of thousands of jobs.
Lee answered in a statement: “We have received outreach from actors, directors, and other interested parties about the proposed Netflix and Warner Brothers merger, and I share many of their concerns. I look forward to holding a…
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