Forbes: Real Winner of the Strike is New Media

Forbes.com has featured consistently balanced coverage of the WGA strike, rightly (in our minds!) pointing out that in a time of great uncertainty and digital transformation, Hollywood's unions and companies need to be working collaboratively to build new revenue streams.

In a piece posted on Newsweek.com, Forbes journalist Lacey Rose writes, "[T]he agreement legitimizes the new medium within the industry, guarantees the writers a stake in it and aligns the interests of everyone in Hollywood in seeking Internet success."

Rose's argument is that the conglomerates' best bet for succeeding in new media is to make it attractive for the creative professionals they rely on in traditional media to ply their trade online.

Charlie Craig, proprietor of the stellar "My Second Strike," is quoted as saying, "This deal may have saved the guild from becoming irrelevant. So was the strike worthwhile? Absolutely." And Rose concludes, "Someday soon, the studios may agree."