Billionaire Warns Hollywood Faces ‘Absolute Collapse’ If Strike Isn’t Resolved

Billionaire Warns Hollywood Faces ‘Absolute Collapse’ If Strike Isn’t Resolved
Striking Writers Guild of America and Screen Actors Guild members walk the picket line during their strike in New York City on July 14, 2023. Brendan Mcdermid/Reuters
Jack Phillips
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A failure to resolve twin strikes of the writers’ and screen actors’ guilds could lead to “devastating effects” if no deal is reached soon, according to billionaire media mogul Barry Diller.

On July 14, a number of top movie and TV actors joined picket lines alongside screenwriters on the first full day of a walkout that has become Hollywood’s biggest labor fight in decades. It’s the first double-barreled strike by actors and screenwriters in more than six decades.

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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