Screenwriters Strike Cost California $2.1 Billion

by Jarrett Martineau | June 6, 2008 at 02:30 pm

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Hey Hollywood, that writers strike was mad 'spensive, yo. Just don't let it happen again, aiight?

Tell the SAG to get at me if there's still problems. Y'all need to settle the beef.

The recent Hollywood writers' strike tipped California into a recession, resulting in a loss of $2.1 billion to the state economy and costing 37,700 jobs, the Milken Institute said in a research report.
The report, issued by the economic think tank on Thursday, takes on increasing importance as the Screen Actors Guild and Hollywood's major movie studios are embroiled in their own contract talks that threaten to throw the industry into another work stoppage as soon as the SAG contract expires on June 30.