Jane Fonda Says Paramount-Warner Bros. Merger Would Be ‘Terrible’ Even if ‘I Like David Ellison Very Much’
The star again sounds off against the merge while being feted at the DVF Awards in Venice The post Jane Fonda Says Paramount-Warner Bros. Merger Would Be ‘Terrible’ Even if ‘I Like David Ellison Very Much’ appeared first on TheWrap .
Jane Fonda staunchly opposes the proposed merger between Warner Bros. and Paramount Skydance, deeming it detrimental to the industry and consumers. Despite her admiration for Paramount Skydance CEO David Ellison, Fonda worries about the merger's impact. She pointed out that the Ellisons are burdened with significant debt, which they are now postponing to cope with the high costs of the merger.
The merger would lead to increased prices for consumers, job losses for thousands of individuals, and a diminished bargaining power for both unions and creative professionals. Additionally, Fonda emphasized that the fewer studios there remain, the fewer platforms available for artists to showcase their work, ultimately weakening the bargaining power of unions.
Although Fonda has a friendly relationship with Ellison, she maintains that personal feelings do not influence her stance on the merger's consequences. She is part of a growing movement opposing such acquisitions, which she finds disheartening. Fonda also defended Mark Ruffalo against accusations of antisemitism by Paramount Skydance, who claim that Ruffalo's disapproval of the merger ties between Larry Ellison's Oracle and Israel's military is antisemitic.
Fonda believes that Ruffalo's constitutional right to express his opinion has been misconstrued to delegitimize his stance.
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