Striking Hollywood writers and performers fought hard last year for minimum pay increases and other benefits and protections. It was the first time in more than 60 years that both unions went on strike at the same time.
Spending on new entertainment content had already slowed down before the strikes when Netflix had a growth hiccup, causing Wall Street to question streaming's profitability.
Tracking company ProdPro found the total number of productions filming in the US was down 37% in the first half of 2024 versus the same period in pre-strike 2022.
Questions about the WGA plank emerged during negotiations. Some showrunners expressed concern that proposed staffing minimums could mean a loss of autonomy over how they hire.
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