On Monday at midnight, over 11,000 television and film writers with the Writers’ Guild of America officially went on strike.

The strike has triggered a sense of déjà vu in the TV world, in part because Saturday Night Live and late night talk shows are headed into reruns. But it’s also rekindling memories of the last major work stoppage in Hollywood: the 100 day writers’ strike in 2007 which caused a boom in reality TV and – by some estimates – cost the California economy over $2 billion USD.

Lucas Shaw covers media and entertainment for Bloomberg, and today he’ll explain why writers are striking in an industry changed by streaming, and what parallels exist with other job action happening across the economy.

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