New York CNN —Hollywood writers and actors are going back to work after one of the longest strikes ever in the entertainment industry.
Hollywood is in a rebuilding era — a painful, awkward transition fueled by tectonic changes in technology and consumer behavior.
Strikes, while disruptive, were only a blip compared with the many other existential quandaries weighing on media companies.
Cable TV sign-ups have been rapidly falling for a decade, and no one believes that trend is going to reverse.
Netflix and Disney aren’t just competing against each other, they’re also competing with YouTube and TikTok and endless podcasts.
Persons:
CNN Business ’, Bob Iger, “, ”, We’re, Hulu —, Peacock, HBO Max — we’re, Max, “ OTT ” —, Iger, aren’t, Harrison Ford, Disney, they’re, That’s, Barbenheimer ”, Taylor Swift, Indiana Jones, you’ll
Organizations:
CNN Business, New York CNN, Hollywood, Studio, Disney, Paramount, Warner Bros, Cable, Netflix, Hulu, Apple, Amazon Prime, HBO, CNN, Discovery, Disney aren’t, YouTube, Intelligence
Locations:
New York