The Economic and Strategic Implications of the Hollywood Writers' Strike.

The Writers Guild of America (W.G.A.) strike against Hollywood companies is expected to last for months as the two sides remain far apart on several key issues, including money. The W.G.A. has vowed to stay on strike for as long as it takes, while the Alliance of Motion Picture and Television Producers has maintained that it hopes “to reach a deal that is mutually beneficial to writers and the health and longevity of the industry.” Both sides have insisted that the other needs to make the first move to restart talks, and none are scheduled.