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As Netflix and Paramount circle Warner Bros. Discovery, Hollywood unions voice alarm

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As Netflix and Paramount circle Warner Bros. Discovery, Hollywood unions voice alarm

The sale of Warner Bros. — whether in pieces to Netflix or in its entirety to Paramount — is stirring mounting worries among Hollywood union leaders about the possible fallout for their members.

Unions representing writers, directors, actors and crew workers have voiced growing concerns that further consolidation in the media industry will reduce competition, potentially causing studios to pay less for content, and make it more difficult for people to find work.

“We’ve seen this movie before, and we know how it ends,” said Michele Mulroney, president of the Writers Guild of America West. “There are lots of promises made that one plus one is going to equal three. But it’s very hard to envision how two behemoths, for example, Warner Bros. and Netflix … can keep up the level of output they currently have.”

Last week, Netflix announced it agreed to buy Warner Bros. Discovery’s film and TV studio, Burbank lot, HBO and HBO Max for $27.75 a share, or $72 billion. It also agreed to take on more than $10 billion of Warner Bros.’ debt. But Paramount, whose previous offers were rebuffed by Warner Bros., has appealed directly to shareholders with an alternative bid to buy all of the company for about $78 billion.

Paramount said it will have more than $6 billion in cuts over three years, while also saying the combined companies will release at least 30 movies a year. Netflix said it expects its deal will have $2 billion to $3 billion in cost cuts.

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Those cuts are expected to trigger thousands of layoffs across Hollywood, which has already been squeezed by the flight of production overseas and a contraction in the once booming TV business.

Mulroney said that employment for WGA writers in episodic television is down as much as 40% when comparing the 2023-2024 writing season to 2022-2023.

Executives from both companies have said their deals would benefit creative talent and consumers.

But Hollywood union leaders are skeptical.

“We can hear the generalizations all day long, but it doesn’t really mean anything unless it’s on paper, and we just don’t know if these companies are even prepared to make promises in writing,” said Lindsay Dougherty, Teamsters at-large vice president and principal officer for Local 399, which represents drivers, location managers and casting directors.

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Dougherty said the Teamsters have been engaged with both Netflix and Paramount, seeking commitments to keep filming in Los Angeles.

“We have a lot of members that are struggling to find work, or haven’t really worked in the last year or so,” Dougherty said.

Mulroney said her union has concerns about both bids, either by Netflix or Paramount.

“We don’t think the merger is inevitable,” Mulroney said. “We think there’s an opportunity to push back here.”

If Netflix were to buy Warner Bros.’ TV and film businesses, Mulroney said that could further undermine the theatrical business.

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“It’s hard to imagine them fully embracing theatrical exhibition,” Mulroney said. “The exhibition business has been struggling to get back on its feet ever since the pandemic, so a move like this could really be existential.”

But the Writers Guild also has issues with Paramount’s bid, Mulroney said, noting that it would put Paramount-owned CBS News and CNN under the same parent company.

“We have censorship concerns,” Mulroney said. “We saw issues around [Stephen] Colbert and [Jimmy] Kimmel. We’re concerned about what the news would look like under single ownership here.”

That question was made more salient this week after President Trump, who has for years harshly criticized CNN’s hosts and news coverage, said he believes CNN should be sold.

The worries come as some unions’ major studio contracts, including the DGA, WGA and performers guild SAG-AFTRA, are set to expire next year. Two years ago, writers and actors went on a prolonged strike to push for more AI protections and better wages and benefits.

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The Directors Guild of America and performers union SAG-AFTRA have voiced similar objections to the pending media consolidation.

“A deal that is in the interest of SAG-AFTRA members and all other workers in the entertainment industry must result in more creation and more production, not less,” the union said.

SAG-AFTRA National Executive Director Duncan Crabtree-Ireland said the union has been in discussions with both Paramount and Netflix.

“It is as yet unclear what path forward is going to best protect the legacy that Warner Brothers presents, and that’s something that we’re very actively investigating right now,” he said.

It’s not clear, however, how much influence the unions will have in the outcome.

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“They just don’t have a seat at the ultimate decision making table,” said David Smith, a professor of economics at the Pepperdine Graziadio Business School. “I expect their primary involvement could be through creating more awareness of potential challenges with a merger and potentially more regulatory scrutiny … I think that’s what they’re attempting to do.”

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Trader Joe’s expands with two new locations in California

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Trader Joe’s expands with two new locations in California

Trader Joe’s plans to open two new stores in California.

The stores will be located in Paso Robles and Anaheim Hills, part of a batch of 10 new nationwide locations the company announced last week.

The additions are part of the company’s growing nationwide expansion.

The popular grocery chain plans to unveil at least 20 locations this year, two of which have already opened their doors, Nakia Rohde, a spokesperson for Trader Joe’s, told The Times.

Trader Joe’s, known for its unique, affordable products and viral tote bags, has undergone rapid growth over the past year, opening 11 new stores in the last two months of 2025.

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The Monrovia-based company has been in growth mode since the first store — located in Pasadena — opened in 1967, Rohde said.

“Our goal is always to bring delicious products at great values to as many people and neighborhoods as we can,” Rohde said. “The best way to do that is to open more stores.”

Trader Joe’s announced five new California locations just under a year ago. A store in Costa Mesa opened in December and another Los Angeles location opened in June.

The company’s rapid developments come as grocery stores battle rising inflation, only further complicated by the hike in gas prices.

Some companies have fared better than others. Aldi, a discount grocery chain, plans to add 180 U.S. stores in 2026. Grocery Outlet announced in March that it is closing 36 underperforming stores, including nine in California.

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Trader Joe’s is privately held and owned by families who also own a stake in the Aldi supermarket chain, according to its website.

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How California Pistachio Farmers Profit From Iran War and Viral Dubai Chocolate Trends

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How California Pistachio Farmers Profit From Iran War and Viral Dubai Chocolate Trends

Land area devoted to pistachio growing

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Twenty years ago, California farmers bet big on the pistachio. The little green nut was considered niche in the United States, but it was a staple in Iran and the surrounding region.

That gamble has paid off. Demand for pistachios is high as wellness trends draw people to high-fiber, protein-rich foods. They are also a key ingredient of Dubai chocolate, the incredibly popular chocolate bar filled with pistachio cream and kataifi, or shredded phyllo.

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Pistachio orchards cover more than 600,000 acres in California, up from 100,000 in 2001. The San Joaquin Valley of California has near-perfect conditions for pistachios, a mix of hot, dry summers and cold, wet winters. The United States is now the world’s largest producer and exporter of pistachios. Iran is second.

Adam Orandi, the chief executive of ARO Pistachios in Terra Bella, Calif., on the farm his father started with Iranian pistachios in 1971. Adam Perez for The New York Times

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Yet more than a month into the war with Iran, ship traffic through the Strait of Hormuz is at historically low levels, which has stymied exports from the region.

The potential removal of a major player in the market is good news for farmers in California, who are likely to get higher prices for their pistachios.

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“With this war, it’s going to limit what Iran is able to do, able to ship, to customers in Europe and China,” said Adam Orandi, who farms 1,600 acres of pistachio orchards in the San Joaquin Valley. His father imported saplings from Iran in the 1970s.

“For years, pistachios were a one-trick pony. They were a salty snack,” Mr. Orandi said. Adam Perez for The New York Times

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For hundreds of years, Iran dominated the market. Pistachios first found their way to California in the 1930s when an American botanist, William E. Whitehouse, brought the nuts back from Iran. Yet only one variety flourished, which was named the “Kerman.”

Pistachio orchards expanded in the 1970s in California, but Iran continued to control the global market until the Iranian hostage crisis of 1979, when students stormed the U.S. Embassy in Tehran and took dozens of Americans hostage.

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Various trade embargoes against Iran were imposed and lifted in the following years, but a 241 percent tariff that was put in place in 1986 essentially ended Iran’s reign in the pistachio market in the United States.

Since 2011, the United States has consistently surpassed Iran as the largest exporter of pistachios. Iran has continued to lose market share.

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The U.S. leads Iran in pistachio exports

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Source: U.S.D.A. Foreign Agricultural Service.

“Production in Iran has been very erratic,” said David Magaña, who analyzes the fresh produce and tree nut industry at Rabobank. “Fifteen years ago, Iran accounted for 40 to 50 percent of global pistachio exports. More recently, Iran’s share has been more like 20 percent.”

The wholesale price of in-shell pistachios — what large manufacturers or retailers pay — has climbed 20 percent in the last 18 months to $4.57 a pound, according to Expana, a market data provider for the agriculture and food industries. In stores, consumers are paying significantly more.

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Pistachio orchards cover more than 600,000 acres in California, up from 100,000 in 2005. Adam Perez for The New York Times

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The market is divided into two products: in-shell pistachios, which are sold whole and often roasted, and pistachio “kernels,” the seeds that are used in food production. The explosion of interest in pistachios as an ingredient in desserts and other foods has sharply increased demand for the kernels.

“For years, pistachios were a one-trick pony. They were a salty snack,” Mr. Orandi said. Just a few years ago, he added, he “couldn’t give the kernels away.”

In recent years, California growers have devoted more acreage to pistachios, and the state produced a record 1.6 billion pounds last year. American Pistachio Growers, a trade association, projected that California trees will bear more than two billion pounds of pistachios by 2031.

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Pistachio imports have shot up worldwide

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Source: U.S.D.A. Foreign Agricultural Service.

But there is one thing standing between the farmers and those projections: California’s water regulations, which people in the industry said may restrict the ability of some orchards to expand.

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Pistachios, like other tree nuts, require large amounts of water. The amount needed by an acre of pistachio trees for an optimal crop yield depends on a number of factors, including soil salinity and the age of the trees.

On average, one acre of pistachios consumes over one million gallons of water in a year — slightly less than almonds and walnuts, according to estimates from University of California Agriculture and Natural Resources. For areas in California prone to droughts, the pistachio boom could add stress to the state’s already thin water resources.

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The vast majority of pistachios in California — in addition to other nuts and crops — grow in areas classified as of “extremely high” water stress as defined by the World Resources Institute, an environmental research firm. Compared to two decades ago, the amount of water used annually for pistachios in these areas is now tens of billions more gallons than before.

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Difference in water use in pistachio-growing regions between 2007 and 2025

Note: Figures for gallons of water were derived from OpenET’s estimates for pistachio water use between 2020 and 2023 — roughly 47 inches of applied water per acre. Sources: World Resources Institute; CropScape; OpenET.

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Still, there may be benefits to pistachios emerging as a major nut crop of the state, according to Josué Medellín-Azuara, a water resources researcher and professor of environmental engineering at University of California, Merced. They are more tolerant to drought and water salinity compared to walnuts and almonds, and they are consistently a high value crop, he said.

The profitability of these water-intensive crops creates a paradox for the farmers planting them, said Rich Pauloo, a hydrologist. “They consume more water, but you get more money per drop of water.”

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Barbie brand takes another hit with festival flop

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Barbie brand takes another hit with festival flop

Jacqueline Kerr arrived to a Florida convention center Friday, suitcases stuffed with intricate, hand-made costumes — pink sequined ball gowns, a leopard bodysuit and an all-white rhinestone cowgirl ensemble — all paying homage to classic Barbie looks.

None of them made it out of her suitcase.

Kerr and her best friend had spent hundreds of dollars preparing for Barbie Dream Fest, a three-day event that organizers touted as a chance for fans to “live the dream life.”

But when Kerr arrived Friday, it felt more like a nightmare.

“I was so excited to have an event where I could finally put on my most Barbie-esque outfits and have an excuse to wear them without looking like a fool,” the 32-year-old from Florida said. “We were so disillusioned after that first day.”

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Hundreds of posts from angry attendees flooded social media sites this weekend, many of whom said the event was a far cry from what was advertised. The event was organized by Mischief Management in Fort Lauderdale, Fla.

Tickets for adults were hefty, ranging from $69 for a day pass to $449 for a 3-day VIP experience. Kerr and her friend purchased a pass that cost $249 per person and included a swag bag that she never received, she said.

Mischief Management confirmed to The Times that the company is issuing full refunds to all ticket holders. Kerr was told the refund would process in three to four weeks.

The event was meant to be an intimate fan convention designed to offer fans closer access to the Barbie universe, a spokesperson for the company said.

“We appreciate the passion and engagement from the Barbie community,” said a spokesperson from Mischief Management. “Bringing fans together — alongside Barbie role models, designers, partners, and global icons who embody the true spirit of Barbie — was at the heart of this event.”

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The event comes during a tough time for the Barbie brand. The doll, one of the most popular toys in Mattel’s inventory, has struggled to garner sales, despite gaining momentum in 2023, when the “Barbie” movie had widespread success.

Mattel’s shares plummeted in February after the company announced weak holiday season sales, with Barbie products taking a big hit. The company recently announced it’s laying off 65 employees in May, and let go of 89 other workers in January.

The Barbie brand was licensed by Mischief Management, a spokesperson for Mattel said.

“We want every fan experience to be an excellent one,” the spokesperson said.

The event sold ticket-holders a big dream, including an ’80s-themed neon roller-skating party, an interactive Barbie Dream House, a bicycle course and a free glam bar. The schedule also boasted a star-studded lineup of speakers, including Serena Williams and Angel Reese.

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But that dream fell flat, attendees said.

Instead, eventgoers roamed a largely empty convention center with bare concrete walls void of pink and glitter. A small, makeshift rink sectioned off by barricades was stationed in the corner, and the glam bar was closed down by the second day of the event. The bicycle course featured four small bikes with training wheels, only suitable for young children.

Kerr and her friend worked their way through the convention in less than 45 minutes on Friday, she said.

Williams, Reese and other celebrities did hold speaking events over the weekend, though the audience was mostly empty, Kerr said. The Mattel designers responsible for making Barbie also spoke at the convention.

The schedule promoted a free glam bar, which wasn’t staffed for most of the weekend, said Brielle Cenci, a vendor who paid several thousand dollars to have a booth.

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Cenci owns a company that sells mermaid clip-on hair extensions and flew in from New Jersey. The event felt poorly organized and vendors received little communication ahead of the convention that only dwindled as the weekend went on, she said.

Vendors expected the convention to be packed with thousands of people, but Cenci said she saw only about 100 attendees a day.

“It felt like a farmers market,” Cenci said. “It was a ghost town. It felt awkward for the people attending, because it was so silent and empty… We were just as in the dark about the event as the attendees were.”

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