Hollywood's Looming Writers Strike | #netflix #entertainment #hollywood
1 year ago
Hollywood is facing its second writers strike in under two decades. The industry has changed and so will compensation. From IndieWire:
"If the Writers Guild of America (WGA) and the Alliance of Motion Picture and Television Producers (AMPTP) fail to reach a minimum bargaining agreement May 1, Hollywood is days away from what could be a massive disruption to the film and TV industry. Writers say they want a living wage as streaming devalues their work even as it demands more of their time. Studios say the guild is asking too much at the wrong time — streaming has to focus on revenue when it used to value subscriber counts."
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