'There’s no driving force to get a deal done now. I think it will go on for a while,” said one media chief.
. But "in terms of financial impact, it really ultimately depends on the duration of the strike."
Television writers say their pay has suffered, as studios squeeze writers into smaller rooms for fewer weeks at minimum pay, despite financing lavishly produced streaming series. The union is seeking staffing and wage guarantees, as well as increases in the residual payments for the reuse of shows. “There’s more money being paid into the deal than ever before -- but it's spread out more,” said the film industry executive, who spoke on background because of the sensitivity of negotiations.
Hollywood writers must pay their agents and managers out of their wages -- and, unlike staff writers, can go long periods between gigs.
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