California/IBNS, Dec. 6 -- Hollywood writers, producers, directors, unions, and theatre owners have voiced strong opposition to Netflix's proposed acquisition of Warner Bros. Discovery (WBD), warning that the deal could threaten the interests of industry workers and consumers alike.

The deal would bring Netflix's popular streaming service together with HBO's brands and Warner Bros.' celebrated franchises. Netflix, known for hits like Stranger Things, Squid Game, and Money Heist, could gain control over Warner Bros. properties such as Batman, Casablanca, and Game of Thrones.

The transaction, a mix of cash and stock, values WBD at $27.75 per share, with a total enterprise value of approximately $82.7 billion and an equity value of $72 bil...