Hollywood Strikes and Their Impact on TV Production
CEOs met with the Writers Guild of America to discuss compensation and benefits as the Hollywood strike moves forward.
Hollywood production will be impacted by a six-month strike by the Screen Actors Guild.
Negotiations and member votes are still to come; the Hollywood strike is still ongoing.
Due to shortened TV seasons and streaming innovations, performers' and writers' salaries have decreased.
Late-night discussion shows may return, although guest bookings are impacted by the actors' strike.
While "Saturday Night Live" waits for both strikes to end, daytime talk shows can resume.
As stock prices fall and revenue declines, studios are under pressure to settle.
If strikes are not resolved quickly, the TV season can be interrupted.