"Government Regulation Urged for Disney, Amazon, and Netflix as Media 'Gatekeepers'"

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Source: Variety
"Government Regulation Urged for Disney, Amazon, and Netflix as Media 'Gatekeepers'"
Photo: Variety
TL;DR Summary

The Writers Guild of America (WGA) has labeled Netflix, Amazon, and Disney as the "new gatekeepers" of the media industry, urging antitrust regulators to prevent further consolidation in the streaming market. The WGA argues that these companies' collective market power has led to lower wages for writers and limited viewer choice. They also claim that the companies have shown a willingness to harm competitors and that further consolidation would result in fewer writers being able to make a living. The report comes amidst the ongoing WGA strike, with negotiations between the guild and the Alliance of Motion Picture and Television Producers at a standstill. The WGA has previously criticized media mergers for failing to address antitrust concerns.

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