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Hollywood braces for major ripple effects from writers' strike

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The last strike 15 years ago lasted for 100 days and put a roughly US$2 billion dent in the economy.

Experts said strike action creates major ripple effects for those connected to the entertainment sector.

But the popularity of shows like Squid Game could see American streaming services and networks lean more heavily on foreign content. “Let’s hope it doesn’t go on for six months but that’s the point when I think the rubber band begins to stretch,” said Prof Lieberman.Many in the industry fear the strike will continue to impact livelihoods even after a deal is done.

 

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