The Hollywood Teamsters ‘ boss Lindsay Dougherty joined several other union leaders in raising alarm bells Friday regarding Netflix’s plans to acquire Warner Bros. in an $82 billion deal.
Following the news that the streaming giant had won the bidding war for the one of the most storied studios in the entertainment industry, the below-the-line union’s secretary treasurer warned in a statement that the development is “yet another call for alarm as we continue to see these corporate giants seek mergers and billion-dollar fast track consolidation deals.”
“Netflix is the biggest streaming service in the world. Consolidating its power over the streaming video market not only kills jobs but also raises prices and hurts the U.S. entertainment industry. Teamsters have been clear on our po

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