This photograph shows how the hollywood sign is getting destroyed by the media. It means that because of the media-strike, Hollywood is going to get destroyed ! A monster looms over the Hollywood sign, and it could do more damage to Tinseltown than any rubber-suit lizard or CGI nightmare. It's the dreaded megastrike -- a work stoppage next summer that could cripple the entertainment industry if three major unions join forces and picket at the same time for a piece of the "new media pie."The Writers Guild of America, West (or WGA), the Screen Actors Guild and the Directors Guild of America each want to tap the new revenue streams. If they decide on a simultaneous strike, the entire entertainment industry -- movies, TV, videogame shoots, online productions, etc. -- grinds to a halt. Careers and companies could be ruined. In talks underway between producers and the WGA, the guild is looking to seal a new three-year deal were supposed to be before Oct. 31. The current contract was put in place in 2001, narrowly averting what would have been the first WGA strike since 1988, when a 22-day walkout cost Hollywood an estimated $500 million. The two sides waited until the zero hour in 2001 to settle their dispute, finding middle ground in a last-minute deal that upped writers' pay for cable and DVD outlets. At the time, speculators said the guild settled because its rank-and-file membership was reluctant to vote for a strike.
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