By JAKE COYLE (AP Film Writer)
NEW YORK (AP) — Television and movie writers soured by Hollywood’s low pay in the streaming era went on strike for the first time in 15 years on Tuesday, meaning late-night and variety shows would be the first programs to go dark.
The labor dispute could have a cascading effect on TV and film productions depending on how long the strike lasts, and it comes as streaming services are under growing pressure from Wall Street to show profits.
The Writers Guild of America’s 11,500 unionized screenwriters prepared to picket after negotiations with studios, which began in March, failed by Monday’s deadline to yield a new contract. All script writing is to immediately cease, the guild informed its members.
The guild is seeking higher minimum pay, less…
The Associated Press
All news and articles are copyrighted to the respective authors and/or News Broadcasters. RockyDailyNews.Com is an independent Online News Aggregator
Read more from original source here…