Film and TV writers go on strike, bringing production on many shows to a halt | CNN Business

“Though we negotiated intent on making a fair deal … the studios’ responses to our proposals have been wholly insufficient, given the existential crisis writers are facing,” said a statement from the union leadership. “They have closed the door on their labor force and opened the door to writing as an entirely freelance profession. No such deal could ever be contemplated by this membership.

, which represents Amazon\n \n , Apple\n \n , CBS\n \n , Disney\n \n , NBC Universal, Netflix\n \n , Paramount Global, Sony\n \n and CNN’s parent company, Warner Bros. Discovery. Many of those companies have seen drops in their stock price, prompting deep cost cutting, including layoffs.

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Hollywood braces for writers' strike that could shut down production on most TV shows | CNN BusinessThe clock is ticking towards a costly strike that could shut down production on most television shows, pushing back the return of many programs now scheduled for the fall.
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