The Option

The WGA's Antitrust Gambit: Can Writers Block Netflix-WBD?


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WGA Files Antitrust Opposition to Netflix-WBD Merger — Can Hollywood Writers Block the Deal?

The Writers Guild of America has filed formal comments with the Department of Justice opposing Netflix's $72 billion acquisition of Warner Bros. Discovery. It's the first time a major Hollywood union has tried to kill a media deal on antitrust grounds—and it signals a new era of labor involvement in entertainment M&A.

In this episode:

  • Why the WGA is fighting the Netflix-Warner Bros Discovery merger
  • What unions can and cannot do in the DOJ antitrust review process
  • The labor market concentration theory and whether it's legally viable
  • How this creates timeline risk for Netflix's streaming acquisition
  • What happens if SAG-AFTRA and DGA join the WGA's opposition
  • Key takeaway: "The WGA can't block the Netflix-WBD deal directly—but they can make it more expensive and slower to close. And in M&A, time is the enemy of certainty."

    Related topics: Hollywood antitrust, streaming consolidation, entertainment labor unions, media mergers 2026, Netflix acquisition strategy, Warner Bros Discovery deal

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    The OptionBy Oil&Cattle