from the rose-colored-glasses dept

Back when Netflix was proposing a takeover of Warner Brothers, you might recall that director James Cameron had no shortage of critical things to say .

Cameron went so far as to write a heavily publicized letter to Senator Mike Lee , lamenting the Netflix Warner Brothers merger (and only the Netflix merger) as “disastrous to the motion picture business.” In the letter, Cameron calls himself a “humble movie farmer,” and repeatedly insisted Netflix would shorten the 45-day theater-to-streaming window (Netflix repeatedly stated the opposite).

Here’s the weird thing: Cameron had absolutely no criticism to offer of the alternative (and now reality) $108 billion Ellison family merger of Paramount and Warner Brothers, despite the deal being exponentially worse across every possible metric.

As we’ve noted previously, the massive debt load, and the numerous structural parallels between the studios, means the Paramount/Warner Brothers merger will result in significantly more…