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Fortune

Paige Hagy

Warner Bros. says the Hollywood strikes saved it $100 million last quarter. But cities and states are counting billions in losses to their local economies

Warner Bros Hollywood Marvel SAGAFTRA Warner Bros Discovery

Picketer carrying a sign reading "SAG-AFTRA on strike!" with the Warner Bros. water tower in the background. (Credit: Valerie Macon—AFP via Getty Images)

Ninety-four days and counting—that’s how long the Hollywood writers' strike has been going on.

In that time, Warner Bros. Discovery has saved around $100 million, it said while sharing its second-quarter earnings on Thursday. But while the entertainment giant is waiting idle, city and state economies that benefit from the film and television industry are feeling the brunt of the strike.

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