WGA Strike Just Hours Away From Commencing as Current Agreement Set to Expire
Hollywood could experience its first writer's strike in 15 years if the Writer's Guild of America and the Alliance of Motion Picture are unable to reach an agreement on new contracts. Writers are looking for increased pay and more flexibility to work on multiple shows during down time. Cheddar News senior reporter Michelle Castillo said many of the changes the WGA are seeking stem from a transformation of the industry due to the streaming TV boom.
As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.