Jane Fonda wears 'Block the Merger' pin to Oscars, slams Paramount deal

Jane Fonda is no stranger to making a statement. At the Vanity Fair Oscars after-party, she wore a pin taking aim at Paramount's bid for Warner Bros.

Jane Fonda is no stranger to making a statement.

The actress and activist, 88, stepped out at the Vanity Fair Oscars after-party March 15, sporting a pin with the text "Block the Merger," a clear nod to Paramount's recent bid to purchase Warner Bros. Fonda pinned the protest button atop a floor-length sequined gown. She also accessorized with a heavily jeweled, statement floral necklace.

On the red carpet of the storied event, Fonda told Variety that her choice to wear the pin came from an indignation over the increased monopolization of Hollywood powerhouses and concern over labor losses.

"We have to try. The mergers are going to be bad for workers. A lot of people are going to lose their jobs," she told the outlet. "We're going to have higher prices. We're going to have political control of what we do. That's why Hegseth said, 'CNN can't come soon enough' to be under the control of Paramount."

Paramount's deal comes at the end of a fraught bidding war for Warner Bros., HBO, HBO Max and the many cable networks under the Warner Bros. Discovery umbrella, that originally named Netflix the winner back in December. But Paramount, headed by CEO David Ellison and fresh off another merger with Skydance, would not be stopped in its quest to win the day.