She blamed the industry's market structure and suggested consolidation had weakened competition.
But Hollywood's problems aren't caused by consolidation, but rather a harrowing transition to streaming.
AdvertisementAdvertisementFTC chair Lina Khan made some recent comments that should trouble anyone in the TV and movie business.
She continued on to say that "unless those market structure questions are addressed, it seems like potentially some of these power imbalances will persist."
And I worry that if Khan thinks the market structure in Hollywood is already broken, it suggests any significant media merger is likely to be challenged.
Persons:
Lina Khan, Khan, Rich Greenfield, Brandon Ross, Mark Kelley
Organizations:
Hollywood, Netflix, Disney, Comcast, Warner Bros, Paramount, Apple, YouTube, Morning, WBD, Paramount Global
Locations:
Hulu, Hollywood