WGA strike ends after ratifying new deal with studios

The Writers Guild of America (WGA) has ratified a new labor contract with studios, ending a five-month strike. In a landslide vote, 99% of WGA members approved the deal running from September 25, 2023 through May 1, 2026. The agreement meets key WGA demands such as regulation of AI-written content and bonuses tied to viewership on streaming platforms. With the WGA strike resolved, focus now turns to the SAG-AFTRA negotiations as the future of Hollywood awaits the outcome. Yahoo Finance Senior Reporter Alexandra Canal analyzes the details of the WGA deal, providing insights on the ongoing SAG-AFTRA strike, and examining its economic impacts on the Los Angeles area. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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