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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Strike Chaos Consumes Hollywood: What Made Studios Balk and Writers Walk

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variety.com

WGA went on strike, in 2007. The strike promises to bring even more upheaval to a marketplace that is already grappling with the fallout from technological disruption and still rebuilding from the pandemic.

Six weeks of tense negotiations made it clear that the industry faces a reckoning after a decade of the Peak TV content boom that has strained Hollywood’s creative infrastructure to its breaking point. “People strike for a reason,” actor Brian Tyree Henry said as he made his way inside the Metropolitan Museum of Art on Fifth Avenue for the gala. “I hope they get what they deserve, and I hope that people listen to them.” A prolonged walkout by TV and film writers will have ripple effects across the entertainment community.

Now that the strike has been called, industry insiders are scrambling to shut down shows — late-night comedy programs, including “Saturday Night Live,” and daytime talk shows are the first to feel the hit.

Studios are initiating emergency contingency plans to keep film production rolling on projects with completed scripts. The major networks are worried about pickets crashing upfront advertising presentations scheduled to be held in New York this month.

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