James Cameron: Netflix Buying Warner Bros. Would be 'Disastrous'

Variety

by Pat Saperstein

February 20, 2026

AI-Generated Deep Dive Summary

James Cameron has expressed strong concerns over Netflix's proposed acquisition of Warner Bros., warning that it could have devastating effects on the film industry. In a letter to Senator Mike Lee, Cameron argued that the merger would lead to significant job losses, particularly in theatrical production and exhibition, which are central to his career as a filmmaker. He emphasized that while streaming platforms like Netflix play a role in distributing films, the theatrical experience is irreplaceable and vital to the industry's health. Cameron warned that if the deal proceeds, big-budget films—like those he produces—would suffer, leading to fewer movies being made and theaters closing down. This would create a ripple effect, harming not just filmmakers but also the broader entertainment ecosystem that employs hundreds of thousands of Americans. He also highlighted the potential decline in Hollywood's global influence, as the U.S. remains a leader in movie exports. A Netflix-Warner Bros. merger could shift this dominance and weaken the international appeal of American films. Senator Lee echoed these concerns, stating that he shares worries about the impact of the proposed merger on competition and jobs. Cameron's letter underscores the tension between streaming platforms and traditional theatrical releases, a debate that has grown more pressing with the rise of on-demand viewing. For entertainment enthusiasts, this issue matters because it shapes the future of how films are produced, distributed, and consumed—potentially altering the landscape for generations to come.

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Originally published on Variety on 2/20/2026