I would like to propose a policy aimed at addressing the increasing monopolistic influence of Disney in the entertainment industry. Over the years, Disney has grown significantly, acquiring major companies like Pixar, Marvel, Lucasfilm, and 21st Century Fox, giving it unprecedented control over a vast range of media properties, including film, television, and digital platforms. This consolidation has raised concerns about fair competition, content diversity, and the ability of independent creators and smaller studios to succeed in an industry dominated by a single corporation.
The policy proposal focuses on the following key points:
-
Strengthening Antitrust Laws for Media Mergers and Acquisitions:
Require stricter scrutiny of mergers and acquisitions in the entertainment sector, especially those that result in the concentration of power in the hands of a few companies. This includes preventing further acquisitions by Disney that would consolidate even more control over the media landscape. -
Promoting Content Diversity:
Establish regulations that encourage the creation and distribution of diverse content from independent creators and smaller studios. This could include incentives for smaller media companies, filmmakers, and content creators to produce unique content that can thrive outside of the major corporate umbrella. -
Enhancing Accessibility for Non-Disney Content:
Implement policies that ensure fair and equal access to streaming platforms, television networks, and theaters for content produced by companies outside of the Disney conglomerate. This would prevent Disney’s vast library of intellectual properties from dominating platforms and leaving less room for other voices and creators. -
Transparency in Licensing and Distribution:
Mandate greater transparency around Disney’s licensing agreements, particularly in the streaming space, to ensure that its content does not overshadow or monopolize platforms, preventing other content from being visible to the public. Additionally, ensure that smaller production companies are given fair terms when distributing their content through Disney-owned platforms. -
Encouraging Innovation and Competition:
Introduce initiatives that provide funding and support for new, innovative media companies and technologies that challenge the status quo. This could include tax incentives, grants, or startup funding for companies seeking to create new forms of media, digital platforms, or immersive experiences that diversify the entertainment sector. -
Accountability for Content Monopolization:
Impose fines or penalties on companies that use their market dominance to prevent fair competition, especially in terms of content distribution, broadcasting, or streaming access. This would include addressing issues like exclusivity contracts or other practices that limit the opportunities for smaller studios to gain visibility.
Rationale:
The entertainment industry should encourage creativity and diversity by allowing a wide range of voices, stories, and content creators to thrive. When a single company like Disney holds too much power, it stifles competition, reduces innovation, and limits consumer choice. This policy would level the playing field, ensuring that the industry remains dynamic, inclusive, and open to new ideas.