New York CNN —The clock is ticking toward a costly strike that could shut down production on most television shows, pushing back the return of many programs now set for the fall.
With less than a day left before the deadline, the two sides appear far apart.
Many of the media and tech companies producing shows that use the writers have seen drops in their stock price, prompting deep cost cutting, including layoffs.
Handel is one of those who thinks a strike, quite possibly a months-long strike, is likely.
“The tune today is profits.”The union represents 11,500 writers for television shows, both for networks and streaming services, as well as many motion pictures.