The Impact of the Hollywood Writers' Strike on Residuals and Streaming Trust

The Writers Guild of America strike is not only affecting the entertainment industry but also the wider economy, especially in Los Angeles, where many small businesses rely on film and television productions to pay the bills. Prop houses, set designers, drivers, caterers, and other businesses are already feeling the impact of the strike, which could last for months. Many of these businesses are still recovering from the pandemic and are now facing the second blow of a one-two punch. The strike could threaten the long-term future of some prop houses, especially those that are smaller and family-run.