James Cameron Complains About Netflix/Warner Bros Merger, Doesn’t Acknowledge A Paramount Deal Would Be Much Worse

from the gargantuan-ego dept

We’ve explained in detail how Larry Ellison is trying to scuttle Netflix’s planned merger with Warner Brothers because he wants to buy CNN and HBO, and, as he’s doing with CBS (and now TikTok) turn them into a safe space for right wing zealots, autocrats, and oligarchs. He’s unsubtly trying to build the kind of autocrat-friendly state television we’ve seen arise in places like Orban’s Hungary.

Since Donald Trump and MAGA want the same thing, they’ve been helping Ellison’s quest along, first by launching a campaign against “woke Netflix” across right wing media, and more recently by launching a fake DOJ “antitrust investigation” that scrutinizes the Netflix Warner Bros merger “to protect the public interest,” but ignores the fact that a Paramount/Warner tie up would be arguably worse.

Enter Director James Cameron, who last week decided to “help” by writing a publicized letter to Senator Mike Lee, lamenting the Netflix Warner Brothers merger (and only the Netflix merger) as “disastrous to the motion picture business.” Cameron, who in the letter calls himself a “humble movie farmer,” seems to mostly be concerned with the a possible shortening of the 45-day theater-to-streaming window:

He’s also doubtful Netflix would stick to its pledge about keeping movies in theaters for a set amount of time; his letter cited a 17-day theatrical window that was cited in an earlier Deadline report, rather than the more recently mentioned 45-day window.

“What administrative body will hold them to task if they slowly sunset their so-called commitment to theatrical releases?” Cameron wondered.

Traditional theater owners have been particularly and understandably sensitive about the shortening of this window since COVID demonstrated the outdated nature of such arbitrary restrictions. Major chains like AMC haven’t helped themselves on this front; their biggest innovation of late has been to saddle brick-and-mortar theater visitors with more ads than ever.

Netflix CEO Ted Sarandos didn’t take Cameron’s public grievances well, saying he’d already met with Cameron about maintaining the 45-day release window, and lamented Cameron’s participation in a “Paramount disinformation campaign:”

“I met with James personally in late December and laid out for him our 45-day commitment to theatrical exhibition of films and to the Warner Bros slate,” Sarandos told Fox Business’ The Claman Countdown today in the latest sit-down in the exec’s seemingly never-ending media blitz this week. “I have talked about that commitment in the press countless times. I swore under oath in front of the Senate Subcommittee on Antitrust that that’s what we would be doing.”  

“So I am … I’m particularly surprised and disappointed that James chose to be part of the Paramount disinformation campaign that’s been going on for months about this deal,” Sarandos said, sticking it at the same time to the Oscar winner and his David Ellison-owned WB rival.

The weird part about Cameron’s missive is he doesn’t mention Paramount at all in his letter to Lee, despite the fact that it’s extremely likely that Paramount would be just as bad on shortening release windows. And given that Paramount and Warner have way more structural similarities than Netflix and Warner, the number of layoffs would likely be significantly worse.

This is before you even get to the fact that Larry Ellison is clearly gobbling up media giants in service to our violent kakistocracy, something that seems kind of important to mention if you’re going to inject yourself into the middle of the debate. Cameron mentions none of this; either because he doesn’t know, or because he was potentially made promises by Ellison and Paramount and didn’t want to be transparent about it (neither of which is good).

None of this is to say that a Netflix Warner Brothers merger would be great for consumers or the market. Media consolidation always results in layoffs, higher prices and steadily eroded product quality. Ideally you’d block all additional media consolidation and impose meaningful limits. But that’s simply not happening under Trump, making the Netflix Warner tie up the best of a bunch of bad options.

Anybody trying to do any good (and that includes Dem lawmakers) in the regulatory reality we currently inhabit would likely have to concur Netflix owning Warner is better than Ellison owning the entirety of U.S. media. Especially given what we’ve all been witnessing over at CBS (and know from years of watching Ellison’s nonexistent ethics at Oracle). Strange days, strange bedfellows.

Filed Under: consolidation, film, james cameron, larry ellison, media, mike lee, release windows, state television, streaming, ted sarandos, theaters

Companies: netflix, paramount, warner bros. discovery