With no agreement in sight on compensation for DVD sales and online distribution, members of the Writers Guild of America (WGA) started to strike at 12:01 a.m. Monday. Picketing is slated to begin today. The strike could last into the pilot season. In the meantime, the first to be affected will be those shows that most rely on currency — late night talk shows, The Colbert Report, The Daily Show with Jon Stewart. Scripted series have episodes in the bank but not enough for a full season in most cases. CBS (NYSE: CBS) claims it could make it through the season.
LAT: Carlton Cuse, an executive producer of Lost: “This is a strike for future generations of writers. It’s just a critical point in the evolution of the business.”
Reuters: Nick Counter, president, Alliance of Motion Picture and Television Producers (AMPTP): “Notwithstanding the fact that negotiations were ongoing, the WGA decided to start their strike in New York. When we asked if they would ‘stop the clock’ for the purpose of delaying the strike to allow negotiations to continue, they refused.”