Hollywood on Strike

The article discusses the recent strike by Hollywood actors' union, SAG-AFTRA, over pay and concerns about the future of the industry.

• The strike is the first in 43 years and has brought the American movie and television business to a halt.
• The actors are joining screenwriters, who went on strike in May, in picket lines across the country.
• The main issues at stake are the calculation of residuals for streaming entertainment and concerns about the rise of artificial intelligence in the industry.
• The article argues that the rise of streaming and the collapse of traditional distribution models have made it difficult to divide revenue and have increased the costs for studios.
• The article suggests that both talent and studios need to adapt to the new paradigm and focus on producing unique content rather than running streaming services.