Global News

[ad_1] The first TV and film writers' strike in 15 years kicked off Tuesday, and it's expected to bring production in the nation's entertainment center to a halt.  The impact of the strike could be far-reaching, depending on how long it takes for writers and studios to reach a deal. The last Hollywood strike, in 2007-2008, took three months to resolve. With the 11,500 members of the Writers' Guild of America working across film, TV, streaming and fiction podcasts, here's how the labor stoppage is expected to affect shows. What shows are affected? The most immediate impact of the strike will be seen in late-night shows, which are written daily to pivot off current events. "The Late Show" on CBS, "Jimmy Kimmel Live!" on ABC, "The Tonight Show" on NBC, "Late Night" on NBC and Comedy Central's "The Daily Show," have stopped production and plan to run repeats for t...

[ad_1] SAN FRANCISCO: The Walt Disney Company on Wednesday announced it will buy Comcast's $8.6 billion stake in Hulu , completing its takeover of the streaming service . The acquisition will "further Disney's streaming objectives," the company said in a press release, and comes as it strives to boost subscriber numbers at its Disney+ streaming service. The deal values Hulu at $27.5 billion in total, according to Disney, which said the transaction will be concluded by December 1. The California-based entertainment giant already sells Hulu as part of bundled offerings with its Disney+ and ESPN+ platforms. The company will release its latest quarterly earnings next week, providing a look at how its cable and streaming television services are doing in the fiercely competitive market. Disney in August reported that Disney+ lost more than 10 million subscribers in the recently ended quarter, in large part due to the Indian market. Disney+ finished the second three m...