Amazon’s MGM Takeover: Labor Coalition Lobbies FTC to Halt Deal (Exclusive)
BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT #Business #EditorsPicks #Entertainment The Strategic Organizing Center, which includes the Teamsters and CWA, sent a letter to the agency over the $8.45 billion studio acquisition, saying it would create "harmful vertical integration in the film industry at large." As the Federal Trade Commission examines Amazon’s proposed $8.45 billion buy of MGM, pressure from unions and progressive politicians is mounting on the regulator to take action, either by blocking the deal or requiring the company to abide by conditions such as decoupling Amazon Prime Video from the rest of Prime to secure approval. The latest…