Hollywood production has been halted for months as actors and writers have been on strike. Now, the writers are headed back to work. Actors represented by SAG-AFTRA remain on strike.
Valerie Macon/AFP via Getty ImagesScreenwriters on strike protest in front of Paramount Studios on May 2, 2023 in Los Angeles, Calif.Screenwriters and studios have reached a tentative deal, ending one of the strikes that have ground Hollywood to a halt.
The two sides had been at an impasse, with screenwriters demanding higher pay and more residuals when their work is re-run on streaming services. They also asked for a residual formula based on the number of views a show gets on the streamers.But executives pushed back, worrying publicly about their profits and pointing out that they have laid off employees over the last few years. Streamers like Netflix and Amazon have also been reluctant to release data on their viewership.
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