LOS ANGELES: The striking Writers Guild of America (WGA) on Thursday urged federal regulators to increase their oversight of the streaming media business, saying Walt Disney, Amazon.com and Netflix had amassed too much power.
The guild, which has been on strike since May 2, issued a report arguing that the three companies were poised to become “the new gatekeepers of media” and have abused their positions “to further disadvantage competitors, raise prices for consumers, and push down wages for the creative workforce.”
The union urged regulators to block any further consolidation in the industry, “proactively investigate anti-competitive issues and outcomes” and increase regulation and oversight of the streaming business.
Comments
Comments are closed for this article.