News of the potential acquisition has been met with silence and word salads from Gavin Newsom, Karen Bass, Adam Schiff, and the state’s 2026 gubernatorial candidates.
No, mergers of this scale are almost never pro-worker. However, it seems that the unaddressed question is the viability of WBD absent an acquisition. It's carrying a crushing mountain of debt and repeatedly deploys a throw-things-against-the-wall "strategy." Not selling at all might feel like the "no cuts" option but that's probably more a "for now" thing. The cuts from the other two suitors, as you noted, would be deeper than those from Netflix, making this the best of the worst options for workers. Given that, what would a politician say in the face of that math?
Also the reason why none of the democratic candidates didn't say anything is because they don't want attack ads on them later. Kind of cowardly, but I can understand.
What I'm curious about why isn't the California Attorney General not doing anything about it? They technically can stop aquisitions if its breaking some anti-trust laws.
No, mergers of this scale are almost never pro-worker. However, it seems that the unaddressed question is the viability of WBD absent an acquisition. It's carrying a crushing mountain of debt and repeatedly deploys a throw-things-against-the-wall "strategy." Not selling at all might feel like the "no cuts" option but that's probably more a "for now" thing. The cuts from the other two suitors, as you noted, would be deeper than those from Netflix, making this the best of the worst options for workers. Given that, what would a politician say in the face of that math?
Netflix funds the genocide. If you're a subscriber, your paying for mass murder.
Also the reason why none of the democratic candidates didn't say anything is because they don't want attack ads on them later. Kind of cowardly, but I can understand.
What I'm curious about why isn't the California Attorney General not doing anything about it? They technically can stop aquisitions if its breaking some anti-trust laws.