Both sides have a lot more to lose than they realize here. It’s never been easier to produce and distribute content, production companies aren’t as necessary to make good entertainment. At the same time, the industry is facing more competition than ever, foreign film quality is rising and easier to see, traditional venues of theaters and cable TV are struggling to stay relevant, streaming opened up back catalogs.

Streaming isn’t a magic pile of money that will get all the actors and writers paid. Look at the music industry, Spotify pays pennies to all but the most popular artists, and with film/TV that money gets divided further.