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.
Union leaders and Hollywood studios reached a tentative agreement Sunday to end a historic screenwriters strike after nearly five months, though no deal is yet in the works for striking actors.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we're highlighting, Microsoft and Activision Blizzard, the UAW strike, Fox Corp. and News Corp. shake-up, interest rate decision, and Cisco scooping up Splunk.
