From a New York Times story by John Koblin and Brooks Barnes headlined “Why There’s Talk of a Writers’ Strike in Hollywood”:

Television and movie writers want raises, saying that Hollywood companies have taken unfair advantage of the shift to streaming to devalue their work and create worsening working conditions.

The companies bristle at the accusation and say that, while they are willing to negotiate a new “mutually beneficial” deal with writers, the demands for an entirely new compensation structure ignore economic realities.

Whether the sides can settle their differences will determine if the entertainment industry can avoid its first writers’ strike in 15 years.