On the other hand,Netflixis up.

Its A Deal!

WGA leadership called the deal exceptional with meaningful gains and protections for writers in every sector of the membership.

New York Stock Exchange

New York Stock ExchangeMichael M. Santiago/Getty Images

TheSAG-AFTRAstrike is still ongoing, but aWGA dealis expected to segue into a settlement with actors.

There are still plenty of headwinds facing the industry from weak advertising to evolving DTC strategies.

Netflix is up over 1% at $383.92.

Writers strike deal reached

The longer the strike, the fewer studio films on tap next year and beyond.