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Fortune
Fortune
Jason Ma

Former Amazon Studios boss warns the Netflix-Warner Bros. deal will make Hollywood ‘a system that circles a single sun’

(Credit: Mario Tama—Getty Images)

A Netflix-Warner Bros. merger would risk a monopsony where a single buyer wields enormous control over the marketplace, a former head of Amazon Studios warned.

Roy Price, who is now chief executive of studio International Art Machine, wrote in a New York Times op-ed on Saturday that predictions of doom are nothing new in the film industry, pointing to the advent of TV, home video, streaming, and AI.

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