New Delhi, April 13 -- A group of more than 1,000 film and television professionals, including Joaquin Phoenix, Ben Stiller and Kristen Stewart, have signed an open letter voicing opposition to a proposed deal involving Paramount Global and Warner Bros. Discovery.

The letter, which has circulated widely within the industry, raises concerns about further consolidation in the entertainment sector. Signatories include actors, directors, writers and producers, many of whom argue that such a merger could reduce competition and limit opportunities for creative work across film and television.

According to reports, the proposed deal would see Paramount acquire Warner Bros. Discovery, bringing together two of the largest media companies under o...