In the 1940s it was common for studios to own movie theaters, but the Supreme Court ruled that this violated antitrust laws and forced them to sell off their theaters.

To me it's the same situation again, but now the theaters (streaming platforms) owning the studios.

https://en.wikipedia.org/wiki/United_States_v._Paramount_Pic....

Sadly the era of government that split up studios and theaters is long gone. Hollywood is built on a different time between things like this and its flavor of unions that cover the biggest players in the industry.

Closest thing we have to a Hollywood today is games, but game makers can also make consoles and industry wide unions would never happen. Is there some unionization in games? Yeah, but I haven't heard of any single one that cover a significant number of different studios

And a federal government openly encouraging it