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Hollywood Writers Won But Hollywood Still Can't Go Back To Normal

Benzinga ·  09/28/2023 01:09

Hollywood writers have ended their strike in the early hours on Wednesday morning as they made a deal with The Alliance of Motion Picture and Television Producers (AMPTP), who is representing the interests of Netflix (NASDAQ:NFLX), The Walt Disney Company (NYSE:DIS), Amazon.com Inc (NASDAQ:AMZN), Paramount Global (NASDAQ:PARA) and Warner Bros Discovery Inc (NASDAQ:WBD). In response, Paramount and Warner Bros. Discovery shares rose more than 2% each, followed by Netflix and Disney whose shares went up 1% and 0.5% respectively. The WGA contract could act as a template for Screen Actors Guild-American Federation of Television and Radio

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