Disney, Netflix, Media Firms Rake in Profit Amid SAG, WGA Hollywood Strikes

Large media companies have been reporting stronger-than-expected profits as the twin strikes by Hollywood writers and actors grind on. While the executives who make and distribute films and TV shows all say they’d like their workers to return soon, their businesses are seeing a huge short-term benefit from the work stoppages: No production means no expenses.

from Gadgets 360 https://ift.tt/rnj1c2A