Peak TV Is Over—a Different Hollywood Is Coming

From a Wall Street Journal story by Amol Sharma and Joe Flint headlined “Peak TV Is Over. A Different Hollywood Is Coming.”:

Fewer new shows in production. A higher bar to get shows renewed. Rich paydays going only to an elite few.

The labor pact writers struck with studios and streamers this week, ending a five-month strike, will likely accelerate the retrenchment that was already under way in Hollywood for more than a year. It represented a formal end to “peak TV,” a decade that included an explosion of programming for viewers—and job opportunities for talent in Tinseltown.