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Breakingviews - Hollywood writers’ fight previews messy new era

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The Writers Guild of America went on strike after contract negotiations with entertainment companies broke down. It’s the opening skirmish marking the media industry’s new phase of austerity, writes jennifersaba.

The union backing TV and film writers walked outto reach a new contract with the Alliance of Motion Picture and Television Producers for better pay. A strike will likely shut down productions, as happened when the WGA last went to the picket line in 2007 – coincidentally, the same year that NetflixNetflix’s industry-upending launch sowed the seeds of the current dispute.

The WGA wants change on that front, among others. But streamers have reason to be hard-nosed. Wall Street, once clamoring for subscriber growth, now expects profit, with Disney coming under

 

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Writers Guild of America launches strike after negotiations failNEW: Thousands of unionized screenwriters appear headed for the picket line Tuesday after high-stakes negotiations between WGA and a trade association representing Hollywood’s leading studios failed to avert the first major walkout in over 15 years.
Source: NBCNews - 🏆 10. / 86 Read more »