At issue is how writers are compensated in an industry where streaming has changed the rules of Hollywood economics. Writers say they aren’t being paid enough, TV writer rooms have shrunk too much andStreaming has exploded the number of series and films that are annually made, meaning more jobs for writers. But WGA members say they’re making much less money and working under more strained conditions.
At the same time, studios are under increased pressure from Wall Street to turn a profit with their streaming services. Many studios and production companies are slashing spending. The Walt Disney Co. is. Warner Bros. Discovery is cutting costs to lessen its debt. Netflix has pumped the breaks on spending growth.
“It doesn’t just affect the writers, it affects all the incredible non-writing staff on these shows,” Meyers said. “And it would really be a miserable thing for people to have to go through, especially considering we’re on the heels of that awful pandemic that affected, not just show business, but all of us.”
With a walkout long expected, writers have rushed to get scripts in and studios have sought to prepare their pipelines to keep churning out content for at least the short term.
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