Warner Bros. Discovery's Surprise Profit and the Writers' Strike

The video discusses the profitability of streaming services like Max, highlighting Warner Brothers' efforts to cut costs and turn a profit. It compares Paramount's and Warner Brothers' strategies, noting Paramount's peak investment phase. The WGA strike's impact on the industry is explored, with concerns about AI and cost-cutting. The potential duration of the strike is considered, with a focus on upcoming contracts for the Directors and Actors Guilds. The national and global implications of the strike are also discussed, emphasizing the concentration of writers in LA and New York.

Discuss the competitive nature of Paramount and Warner Brothers in the streaming market.

What are the implications of artificial intelligence on the writers' negotiations?