It’s only been a day since Netflix announced an $82.7 billion deal to acquire Warner Bros. , and the acquisition has already been described as sending Hollywood into “ full-blown panic mode ,” “ possibly a death blow to theatrical filmmaking ,” and maybe even “ the end of Hollywood ” itself.

Some of the firmest opposition has come from the Writers Guild of America, which issued a statement declaring, “This merger must be blocked.”

“The world’s largest streaming company swallowing one of its biggest competitors is what antitrust laws were designed to prevent,” the WGA said. “The outcome would eliminate jobs, push down wages, worsen conditions for all entertainment workers, raise prices for consumers, and reduce the volume and diversity of content for all viewers.”

While stateme

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