Writers Guild East Leader Says This 100-Day Strike Is Different: Studios More “Obstinate” Now
Writers Guild East Leader Says This 100-Day Strike Is Different: Studios More “Obstinate” Now
https://www.hollywoodreporter.com/business/business-news/writers-100-days-new-york-strike-1235560072/
As picketers gathered in front of Netflix and Warner Bros. Discovery locations, outgoing WGA East president Michael Winship said the AMPTP is different than in 2007-2008: "It's just gonna take a little while longer."
As picketers gathered in front of Netflix and Warner Bros. Discovery locations, outgoing WGA East president Michael Winship said the AMPTP is different than in 2007-2008: "It's just gonna take a little while longer."
I saw somewhere someone explaining that the massive cash flow from the "old" way of paying for content, namely high cable TV costs people used to have to pay for their 3 channels they actually watched - in addition to all the commercials the pay-tv people also had to watch, was a steady and reliable stream of cash that made its way to the content producers.
But since the big bundle pay-tv model is dead there is a huge drop in cash flow to content producers and this is making a massive change in normal operations inevitable.
That may be what's happening now.
I believe we’ve seen the same analysis.
The old cable model made Comcast the arbiter of an ecosystem, with streamers competing against one another, the model fell apart. It’s interesting that smaller players like Paramount and others are collaborating in some markets (e.g., SkyShowtime).