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Hollywood unions and trade groups are pushing back against the proposed $82.7 billion deal for streaming giant Netflix to acquire Warner Bros.’ film and television studios , HBO and HBO Max, citing concerns about greater industry consolidation, job losses and the potential hit to theatrical box office revenue.
Groups began voicing opposition even before the proposed tie-up was officially announced. Amid reports Thursday night that Netflix had secured exclusive rights to negotiate with Warner Bros., the Directors Guild of America said it had “significant concerns” about the development and intended to meet with Netflix for further discussion.
“We believe that a vibrant, competitiv

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