The writer’s strike is still in full blast, and I thought it was time for an update. I will not bore you with re-hashing what others have written already, but point you at some ressources.  Read them first, and then read my opinion on this subject further down in this post.  Here a nice summary of the course of events when the negotiations broke down last week. It basically states the ridiculousness of the AMPTP’s “offers”, and how they walked out.   
This is a post of the AMPTP blaming the WGA for the collapse of negotiations.    Here a good insight into the issues that they are fighting over. This one is another great summary on this subject, including numbers.   
But this is all just about what the two parties are fighting about. The effects on the media-universe are becoming quite big:   Read this post about the real danger of networks running out of TV shows (and the devastating financial impact). There is talk that dramas might actually be replaced by more politics on TV (not just the obvious choice of reality TV). The planning and programming is also proving to become quite challenging, with no one knowing how much longer this strike is going to last. And here you can find some details on the falling stock values of entertainment companies in the US.   I have said this before (to some of you in person, most of you know this through my blog) that we are looking at a major paradigm shift in the way that video content is being promoted and distributed. This whole strike is a symptom as well as a catalyst for said shift. I am very passionate and excited about it, because when (not if, in my opinion) the writers get fair compensation for content that is being streamed or sold online it will institutionalize the trend we can see already: that more and more people are watching content online. Content creators should be paid accordingly. After all, the internet is just another medium. Now we are figuring out how to utilize and honour its full potential – all of us: the audience, the creators, and the ones doing both.     What do you think?