Prominent Latino group blasts Paramount-Warner merger

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Set us as preferred A prominent Latino group is raising fresh concerns about Paramount Skydance’s proposed acquisition of Warner Bros.Discovery, saying the blockbuster deal would crush Latino workers and small businesses that support Hollywood.In an open letter to California Atty.

Gen.Rob Bonta, the League of United Latin American Citizens has urged the state’s top prosecutor to continue his legal fight to block Paramount’s proposed $111-billion takeover of the media company that owns HBO, CNN, HGTV and the Warner Bros.

film and television studios.“No state has more to lose from this disastrous merger ...

than California,” LULAC National President Roman Palomares and Chief Executive Juan Proaño wrote in the six-page letter sent to Bonta late Sunday.Thousands of jobs would be lost and Latino voices could be squelched should the deal go through as it is currently drawn, the LULAC leaders said.“The current form of the consolidation would have a devastating and unacceptable impact on Latinos, including those who reside in the Los Angeles community,” they wrote, noting Latinos make up 40% of the state’s population and nearly half of Los Angeles County, where HBO and the Paramount and Warner Bros.studios are based.

Hollywood Inc.Ellison’s close ties to President Trump, and widespread concerns about the future of Hollywood, drive anxiety over the tech scion’s $111-billion deal for Warner Bros.

Discovery.At least 4,500 jobs in Southern California would be lost if the merger goes through, according to a 106-page report last week from Los Angeles County’s economic office.Paramount’s proposed merger has carved deep divisions and become increasingly contentious.

In recent days, California Gov.Gavin Newsom, Los Angeles Mayor Karen Bass and Democratic gubernatorial nominee Xavier Becerra publicly pressured Bo...