Unless the government mandated some kind of maximum fees / compulsory licensing scheme, all that would happen is Netflix and Amazon would ratchet fees until the

Unless the government mandated some kind of maximum fees / compulsory licensing scheme, all that would happen is Netflix and Amazon would ratchet fees until they were talking all the value. This kind of licensing arrangement happened for radio (https://en.wikipedia.org/wiki/Compulsory_license https://en.wikipedia.org/wiki/Compulsory_license) so it's possible.