California has misplaced about $5 billion of financial worth after the Alliance of Motion Picture and Television Producers and the unions for writers and actors have failed to come back to work agreements with studios and streaming companies, leading to unbiased strikes, based on new estimates Kevin Klowden, chief international strategist on the Milken Institute, a nonprofit assume tank.
Those strikes between the AMPTP and the WGA and SAG-AFTRA have primarily paused new manufacturing within the leisure business, which has a serious presence…