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Hollywood Strike Signals ‘Broken’ Media Market, FTC’s Khan Says

  • Antitrust agency chair says structure not serving consumers
  • Writers, actors striking over concern over streaming shows
FTC Chair Lina Khan speaks to picket line outside the view studio in New York on July 10.Source: Douglas Farrar/FTC
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The Federal Trade Commission is closely monitoring the Hollywood strikes and policies of streaming services, which have raised concerns that “something is broken in the market,” Chair Lina Khan said.

“We’ve been following what’s happening in Hollywood and the strike,” Khan said in an interview with the podcast The Ankler that aired Wednesday. “Increasingly, we see some of the red flags that suggest the market structure is not actually serving the creators or the ultimate viewers.”