A Comment About

Is the Hollywood Writers’ Strike a Recipe for Disaster?

December 7, 2007 - 10:25 am - by Steve Boriss
Walter Abbott
2007-12-08 04:23:48

A very interesting conversation with many valid viewpoints. Much, much better than the “command information” model used over the past century or so.

My take is that the “suits” nor the WGA is “entitled” to any money just because that’s the way it’s always been. The WGA members sell a product (talent/labor) to the studios who risk capital to assemble and sell a finished product (entertainment) to the customer.

With so many more entertainment choices now available, the near monopoly enjoyed by Hollywood is gone. There soon may be no money for them to negotiate over, let alone strike.

Throughout business history we have seen some labor unions choose to destroy the business they work for rather than change. I suspect that’s the way this will turn out, too.