While the methods of production and distribution have transformed several times over, every industry-wide strike since 1950 has been about residuals. Residuals have historically been the most hard-fought battles. Now there is streaming, and AI.
As streaming content has boomed, the Writers Guild of America says that new media models like Netflix and other online platforms have steadily eroded workers' pay and writers' ability to earn a living in Hollywood. Some 11,500 members are on strike.
Last week's Oscar's ceremony was groundbreaking and historic, let's look at the origins of the awards 95 years ago. It started when the original Hollywood titans wanted an industry free of unions, of residuals, union benefits, well you get the idea.
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