Following the failure to reach a new agreement with Hollywood studios by the deadline of May 1, the Writers Guild of America (WGA) has formally gone on strike. The downstream impact on streaming services like Apple TV+’s content pipeline is significant. The pipeline for content will progressively close if the strike lasts a long time. Approximately 30 known completed projects for Apple TV+ are currently in development.
Recently, the streamer has been introducing around five new films every month. Its content supply would run out in around eight months at that rate. Due to the strike, Apple will probably have to reduce the number of releases it had planned for the foreseeable future in order to spread out what it does have in the works over a longer period of time.
However, in order to fill in the gaps in its schedule, Apple might quicken the pace of its expansion into foreign series. Some executives of streaming services may even spin the strike as a positive because it can reduce costs without the related bad publicity of layoffs and cancellations. There’s a risk that this strike will involve Hollywood’s writers, actors, and directors.
