Filmmakers, Small Theaters Urge States to Block Warner Sale

Documentary filmmakers, independent movie theaters and nonprofit groups are urging state attorneys general to block Netflix Inc.’s acquisition of Warner Bros. Discovery Inc.’s studio and streaming businesses.

The deal will increase prices for consumers, restrict competition in Hollywood and be devastating for movie theaters, according to a letter they sent to the National Association of Attorneys General.

“This deal raises serious antitrust concerns that enforcers should closely scrutinize, as any such deal would deepen the media consolidation crisis, hurting creators, workers, consumers, and the public writ large,” reads the Jan. 22 dated letter, which is signed by groups ...