Big media rallies on signs of end to Hollywood writers' strike

Big media rallies on signs of end to Hollywood writers’ strike

By Yuvraj Malik and Zaheer Kachwala (Reuters) -Hollywood studios heaved a sigh of relief on Monday as a tentative deal with striking screenwriters raised hopes of business returning to normal after five months of disruption. Those expectations lifted the shares of studio owners Warner Bros Discovery, Paramount Global, Walt Disney and Netflix between 0.5% and 2.3% in premarket trading. The union representing roughly 11,500 film and television wri…

Big media rallies on signs of end to Hollywood writers' strike

:Hollywood studios heaved a sigh of relief on Monday as a tentative deal with striking screenwriters raised hopes of business returning to normal after five months of disruption.Those expectations lifted the shares of studio owners Warner Bros Discovery, Paramount Global, Walt Disney and Netflix between 0.5 p

Hollywood writers' strike

Screenwriters walked off the job in May and their strike has been the longest to affect Hollywood in decades. It halted most film and TV productions and cost billions. Actors are involved in a separate strike.

Artificial intelligence makes them feel at risk.