A consortium of top industry players have sent an open letter full of alarm to Congress, describing a potential economic and institutional meltdown in Hollywood if Netflix succeeds in its effort to acquire Warner Bros. Discovery.

The letter was sent via email to members of Congress from both parties on Thursday from an anonymous collective identifying themselves only as “concerned feature film producers.” The group explained it was leaving the letter unsigned “not out of cowardice” but fear of retaliation given Netflix’s considerable market power as a buyer and distributor. Netflix and Warner Bros. Discovery declined to comment.

One well-placed source confirmed to Variety that the group includes a number of prominent filmmakers.

The communication outlines three areas of great conce

See Full Page