In a new 15-page antitrust report, the striking union says that the rise and growth of these three companies offer 'an alarming window into the future of media.'
Actors Strike Creates Challenges for Charity Galas: "People Are Just Not Wanting to Be Seen Out and About"
Disney’s series of mergers — with Pixar, Marvel, Lucasfilm and others — have ramped up prices for its streaming services, further vertically integrated the company, pushed creatives to give up revenue from future licensing of their TV content and “reduced output and innovation,” per the report.
The WGA has backed new merger guidelines unveiled in July by the FTC and Department of Justice, which give a road map for regulatory review of acquisitions, that require companies to consider the impact of proposed transactions on labor. They signal that the agencies intend to review whether mergers could potentially impact wages and working conditions.
During an Aug. 10 event with the Federal Trade Commission and Department of Justice over the new merger guidelines, Laura Blum-Smith, the Writers Guild of America West’s director of research and public policy,
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