Hollywood filmmaker James Cameron recently penned a letter to American Senator Mike Lee, warning that Netflix’s acquisition of Warner Bros. will be “disastrous” as it could cause massive loss to jobs, the theatrical industry and the film export business. As per a Variety report, the Avatar director sent the letter to Senator Mike Lee, chair of the Senate subcommittee on antitrust, last week. “The business model of Netflix is directly at odds with the theatrical film production and exhibition business, which employs hundreds of thousands of Americans,” Cameron wrote. Last year, Netflix proposed to acquire key parts of Warner Bros. Discovery—including the studio, HBO, HBO Max, and major IP like DC Comics—for roughly USD 82.7 billion. Announced in December 2025, the deal is currently undergoing regulatory scrutiny, with Warner separating its linear cable networks before the merger.

Source: The Telegraph February 21, 2026 05:21 UTC