Diane Mermigas has written three recent columns for MediaPost that are must-read analyses of the impact of the Writers' strike on television's economy:
TV Nets Stuck: Strike Ends With New Metrics, 12 December 2007
Strike Will Transfer Ad Power To Web, TV To Revamp, 18 December 2007
For TV, Crisis Is Catalyst For Change, 21 December 2007
Umair Haque looks at it in terms of how this relates to emerging business models for content:
... While writers and networks have been crippling each other with a simplistic - and totally obsolete - game of mutually assured destruction, Google is slowly but surely reinventing a better way for content to create value: one which doesn't need exactly the rigid contractual lockstep writers and networks are squabbling over. ¶ See the point? Google is solving exactly the problem that core-focused players are paralyzed by; that's suddenly brought the existing value chain to a crashing, creaking halt. ...
Finally, read Paul Bond's article, [Bear Sterns] Report weighs ripple effect of writers strike on Street. Link: Hollywood Reporter. --Dennis