Netflix is facing a potential loss of subscribers due to the ongoing writers’ strike, which began on May 2. The Writers’ Guild of America (WGA) and the Alliance of Motion Picture and Television Producers (AMPTP) are in a dispute over better working conditions and compensation, with the rise of artificial intelligence, such as ChatGPT and Bard, adding to concerns that writers could be replaced. Industry insider Jeff Sneider has claimed that Netflix is being blamed for the breakdown in talks, as the company is reportedly refusing to make a deal to show transparency on streaming numbers. Some WGA members and Netflix users have cancelled their subscriptions until the strike is resolved. While it remains unclear how much impact the rumours will have, it is possible that the delay in popular shows like Stranger Things season 5 and Squid Game season 2 could lead to more subscribers ending their memberships.
