Actors Go on Strike in Blow to Struggling Hollywood Studios (2)

For the first time in six decades, Hollywood writers and actors are on strike at the same time — a cataclysm for hundreds of thousands of film and TV workers already idled by the entertainment industry’s growing labor strife.

The Screen Actors Guild, which represents some 160,000 performers, announced a walkout Thursday after failing to reach a new labor agreement with the Alliance of Motion Picture & Television Producers, which represents studios including Walt Disney Co. and Netflix Inc. The strike begins at midnight.

WATCH: The Screen Actors Guild announces it’s going out on strike.

Source: Bloomberg

The Writers Guild of America, meanwhile has been on strike since May 2, ...