Financial News

Streaming Wars, Strikes Weigh on Hollywood

Hollywood’s new streaming age ground to a screeching halt in May 2023 when both actors and writers joined hands for the first time in more than half a century to go on strike. Lasting several months, the historic strike brought Hollywood to a standstill, and its effects are still reverberating through the industry more than a year later.

Streaming represented a new frontier in television after decades of dominance by cable providers and allowed new companies, including Netflix and…

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