Strikes by the WGA and SAG-AFTRA were initiated earlier this year, following failed contract negotiations with Hollywood studios after requests for increased compensation, better residuals, staffing requirements and protections from AI job interference, among other demands. A strike by the WGA reached the 100-day mark earlier this month, five days after WGA representatives failed to reach a deal with studios. The AMPTP—which represents studios Paramount, Warner Bros. Discovery, Amazon and Netflix—said previously it was committed to reaching a deal after suggesting its goal was “getting people back to work.” The strikes have caused television shows and movies to be paused, as a failure to reach an agreement has cost California’s economy an estimated $3 billion, according to Todd Holmes, a professor at California State University, Northridge.
Forbes