The former head of Amazon Studios warns that a Netflix-Warner Bros. merger could create a dangerous monopsony in Hollywood. Netflix said Warner Bros. operations will continue, and the deal will boost U.S. production capacity. Critics fear centralization and a reduction in content creation if the merger goes through. A KPMG survey shows top content spenders in 2024 include Comcast, YouTube, Disney, Amazon, Netflix, and Paramount. Theater owners and creative workers oppose the deal, raising concerns about the impact on the industry. The Trump administration is skeptical, and the merger faces intense antitrust scrutiny. Analysts see a tech angle, with AI shaping the future of entertainment.

Read more at Yahoo Finance: Former Amazon Studios boss warns the Netflix-Warner Bros. deal will make Hollywood ‘a system that circles a single sun’