
HOLLYWOOD, Calif. -- Saturday will mark four full months, the day Hollywood’s writers officially went on strike against the Alliance of Motion Picture and Television Producers (AMPTP). And outside Paramount Studios, tempers run just as hot as the 93-degree late-August weather.
The Writers Guild of America strike that began on May 2 also marked the union's first work stoppage since 2007, when a three-month strike cost motion picture and television industries an estimated $2.1 billion in output. A film set can generate hundreds of thousands of dollars every day, said Kevin Klowden, chief strategist with the Milken Institute, putting potential losses for this four-month strike at well over $1 billoin.