Hollywood’s writers and actors are on strike. As I’ve written before, their leaders have picked the wrong moment to cast themselves in a working-class drama. In sum, they have little leverage, as there are too many of them and the strike is a gift for studios looking to slow the arms race of the streaming wars and recalibrate costs for a leaner business cycle. Yet while the writers and actors are naive, the studios may, in the end, prove to be bigger fools. Their mistake is a familiar one, personally and professionally: the failure to discern among allies, competitors, and enemies.

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