The threat of a WGA strike is already top of mind for Hollywood, which would like to avoid a repeat of the 2007-08 work stoppage.
strike by the Writers Guild of America
The main sources of tension are well established, even if they haven’t permeated the consciousness of the general public.Writers are angry that they haven’t received their fair share of riches from the streaming boom, which upended the way the industry operates. Studios, with their parent companies’ stock prices stuck on a multi-year roller coaster ride, have come under pressure to correct for overspending on content that goes to digital video services.
The guild has called on members to grant them the authority to call a work stoppage should they fail to reach an agreement on a new contract with the Alliance of Motion Picture and Television Producers by May 1. A strike would halt much of film and TV production nationwide and disrupt a bedrock industry for Southern California and beyond.
And writers aren’t buying the excuse that studio finances are tight. Sure, streaming has thrown the industry’s economics out of whack. But the problem is less about whether Netflix and Apple can afford to pay writers. It has more to do with how companies have deployed excessive capital to nab slashy programming and top-tier creative and acting talent.
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