Why The Hollywood Strike Matters To All Of Us
Over the last decade, the entertainment industry has shifted away from legacy distribution models like film and television and embraced a streaming-first model. The move has been a lucrative one, bringing billions of dollars in revenue to the industry.
But those profits haven’t reached working actors and writers. Some 87% of actors earn less than $26,000 per year; many writers have to work second jobs to make ends meet. And so, for the first time since 1960, members of the Writers Guild of America (WGA) and the Screen Actors Guild (SAG-AFTRA) are on strike simultaneously — and Hollywood has effectively shut down.