Writers Guild Strike Deadline Meets Studios Cost-Cutting Efforts

The Hollywood Reporter: Hollywood has been cornered into a new period of fiscal austerity, with top studios adjusting to the sobering realities of streaming and the larger economic environment — even as entertainment labor unions are applying significant pressure to boost labor costs. This economizing ethos has forced adjustments big and small: Features are filming less in Los Angeles or New York; some crews are working shorter days and longer weeks; mid-budget affairs are becoming tougher to greenlight.