Moody’s: WGA Deal Would Cost Studios $100 Million-$125 Million Annually

With contract negotiators facing a midnight deadline, Moody’s Investors Service estimates that a deal with the Writers Guild of America would cost the major studios $100 million to $125 million per year, but a strike could last as long as three months. The credit rating service, in a report issued Monday, said that such a... Read more » Dave McNary