A political firestorm is erupting over plans tied to a massive $111 billion media merger that could open the door for Gulf state investors to gain unprecedented influence over major Western media outlets.

HBO Max, cult-favorite titles like “Harry Potter” and even CNN could soon find themselves under the same roof with CBS, “Top Gun” and the Paramount+ streaming service. But the deal still faces ongoing regulatory reviews,

The $111 billion deal that would see Paramount Skydance swallow up Warner Bros. Discovery took another step closer to reality Thursday after WBD shareholders overwhelmingly voted in favor of the

Jane Fonda, Joaquin Phoenix and more than 1,000 Hollywood professionals released an open letter opposing Paramount Skydance’s takeover of Warner Bros.

JJ Abrams, Damon Lindelof, David Fincher and Denis Villeneuve are just a few of the names who have signed on to an open letter opposing Paramount’s proposed merger with Warner Bros. Discovery, calling the transaction one that will “threaten the sustainability of the entire creative community.

Warner Bros Discovery shareholders backed the company's proposed $110 billion merger with Paramount Skydance , according to preliminary results of the vote on Thursday, but cast an advisory vote against executive compensation plans tied to the deal.

Ben Stiller says getting film and television made from original IP and diverse storytellers has already been a tough battle in Hollywood, but the Warner Bros. Discovery-Paramount merger will just make matters worse.

Hollywood heavyweights, including Bryan Cranston, Jane Fonda, Ben Stiller, Joaquin Phoenix and Emma Thompson, signed the letter.