Dem Lawmakers Call on DOJ to Investigate Warner Bros. Discovery Merger: ‘Content Creators Harmed in Unprecedented Ways’
thewrap.comletter to Attorney General Merrick Garland and Assistant Attorney General Johanthan Kanter from Sen. Elizabeth Warren (D-Massachusetts), Rep.
Joaquin Castro (D-Texas), Rep. David Cicilline (D-Rhode Island) and Rep. Pramila Jayapal (D-Washington) claims that the merger has appeared to have enabled the company to “adopt potentially anticompetitive practices that reduce consumer choice and harm workers in affected labor markets.”Thousands of jobs cut, content creators harmed in unprecedented ways, less consumer choice.
Mergers aren’t automatically good for business or people. (2/2)Discovery closed its $43 billion merger of WarnerMedia in April 2022 that was ultimately not challenged by the DOJ after a review.
The letter cites several workforce reductions that have occurred at the company over the past several months as part of its restructuring, including layoffs of 350 people at CNN+, 400 additional people across CNN and 100 people in its ad sales department.
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