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 Hulu, to surpass established players in slightly more than a decade. However, streaming companies restructured the entertainment industry in a way…
