FTC’s Khan Says Hollywood Strike Signals Broken Media Market (1)

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.”

The Writers Guild of America, which represents some 11,500 members nationally, went on strike May 2, seeking higher pay and other changes to a ...