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Nolan Meets Netflix, Paramount on Warner Bros. Sale
2 Feb
Summary
- Directors Guild leaders met with Netflix and Paramount regarding Warner Bros. acquisition.
- Concerns focus on media consolidation, job losses, and theatrical window lengths.
- The guild seeks commitments to ensure Warner Bros.'s survival and thriving.
Directors Guild of America (DGA) President Christopher Nolan has confirmed that the union has engaged in discussions with both Netflix and Paramount regarding the potential acquisition of Warner Bros. These meetings aim to address the guild's significant concerns about the future of the historic company.
Nolan described the talks as "productive" but acknowledged that the DGA is still deeply analyzing the implications. Key concerns include the impact of media consolidation on job security and the future of theatrical distribution. The DGA is pushing for a 60-day theatrical window, citing Disney's success.
The guild is seeking concrete commitments from potential suitors to safeguard Warner Bros., a company with a rich history and valuable library. Nolan stressed that the primary goal is to ensure the best chance for the company's survival and potential to thrive amidst industry shifts.
