Part 9/12:
Additionally, the era of lavish content deals—where studios secured extensive overall deals with writers and producers—appears to be over. Many existing deals are either set to expire or are being suspended, and the anticipated surge of new projects may not materialize due to a lack of renewed confidence and funding.
The Longer-Term Outlook
While some industry analysts suggest a possible rebound—arguing that the downturn could be temporary and a “reset” might lead to higher-quality content—many believe the decline will be longer-lasting. Historically, strikes tend to favor union leadership more than the rank-and-file writers, who may have sacrificed job security for short-term gains.