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Jane Fonda’s Oscars After-Party Protest Targets Paramount–Warner Bros. Merger

Her red-carpet pin spotlights rising concern over consolidation in a $110 billion takeover facing regulatory review.

Overview

  • Fonda wore a “Block the Merger” pin at the Vanity Fair Oscars party and told Variety she opposes Paramount Skydance buying Warner Bros. Discovery.
  • She warned of job losses, higher prices and political influence over media, citing particular concern about CNN’s future ownership.
  • Referencing her marriage to CNN founder Ted Turner, Fonda said she has a personal stake and noted recent comments from Defense Secretary Pete Hegseth praising a CNN takeover by David Ellison.
  • Paramount Skydance has a roughly $110–111 billion agreement to acquire Warner Bros. Discovery after topping Netflix’s bid, with terms reported to include $31 per share in cash and major equity backing from Larry Ellison.
  • The protest landed the same night Warner Bros. won 11 Academy Awards, as the deal moves toward shareholder votes and antitrust scrutiny in the U.S. and abroad.