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Hollywood unions fear a Warner Bros. Discovery sale to Netflix or Paramount will spark consolidation that reduces competition, cuts pay and eliminates jobs.

Writers’ employment in episodic television has plummeted 40 percent while studios cut back streaming content production amid subscriber declines.

Union leaders are seeking written job guarantees and L.A. production commitments from companies pursuing major cost cuts.

The sale of Warner Bros. — whether in pieces to Netflix or in its entirety to Paramount — is stirring mounting worries among Hollywood union leaders about the possible fallout for their members.

Unions representing writers, directors, actors and crew workers have

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