Part 7/13:
Many in Hollywood are understandably upset about this consolidation. The primary concern involves potential layoffs, as merger-driven cost-cutting often leads to layoffs and restructuring. Netflix's lighter production pipeline, which outsources content creation to external studios, was initially seen as a way to mitigate job losses. But, since Paramount already has a robust production and distribution pipeline similar to Warner’s, there's widespread fear that Ellison might use the merger as a pretext for layoffs across both companies.