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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