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Hollywood’s 2023 Impact: Strikes, Economic Setback, and Global Film Surge The 2023 SAG-AFTRA strike, following the Writers Guild strike, significantly impacted Hollywood, resulting in an estimated $6.5 billion economic setback. This transformative period navigated industry shifts, including the rise of streaming platforms and concerns about AI. Amid the disruptions in Hollywood, there was an increase in global unscripted productions, and markets such as India, the UK, France, Brazil, and Germany (European & Asian Markets) beamed last year.