Hollywood screenwriters represented by the Writers Guild of America (WGA) are going on strike for the first time in 15 years. The WGA is seeking more compensation for writers who claim they are making less money and working under more strained conditions in an industry where streaming has changed the rules of Hollywood economics. The strike is expected to last for an extended period and could have a cascading effect on TV and film productions.
Embed from Getty ImagesThe issue at the heart of the strike is the way in which writers are compensated in the streaming era. The WGA is also concerned about the rise of the “gig economy” in Hollywood and is seeking to ensure that all writers are paid a fair wage and receive the same benefits. The WGA has urged its members to prepare for a long and difficult fight and is hopeful that the studios will come back to the negotiating table and agree to a fair contract for writers.