Neil Freiman

And the deadline for voting is April 16th, which is Thursday.

So make sure you do it today.

Thank you.

Thank you.

and what the implications might be for your portfolio.

The people who normally walk the red carpet are raising red flags around Paramount's acquisition of Warner Brothers.

More than 1,000 Hollywood stars, including Ben Stiller, Kristen Stewart, Bryan Cranston, Glenn Close, and J.J.

Abrams, published a letter warning that the proposed $110 billion mega-merger would raise prices for consumers and cost Los Angeles' already shaky film and TV industry money.

to enter a free fall.

The letter claims,

Back in February, Paramount Skydance prevailed in a grueling battle against Netflix to take over Warner Brothers in a deal that will combine two storied Hollywood giants.

If it closes, the unified company will control two movie studios, two major news networks, CNN and CBS, and two of the biggest streaming services, HBO Max and Paramount+.

The actors and directors who penned the letter see only danger in consolidation, but ultimately it's not up to them.

Antitrust regulators in the US, UK, and elsewhere are scrutinizing the deal and are expected to approve it.

And these stars are probably going to be fine because they make millions of dollars for each movies.

But they say in their letter that they're looking out actually for the little guy, just the regular average blue collar workers who work on these sets and who work in the industry.

I thought Damon Lindelof had an interesting comment.

He's the creator of Watchmen and other shows.

He said that I actually know David Ellison, who's the CEO of Paramount and might be the new CEO of Paramount Records.

Warner Brothers and said he's, yeah, he's a great guy, bright, ambitious and passionate executive who loved movies and trusted the people he made them with.