There's no Hollywood without the writers. All they are asking for is fair compensation to keep up with the changing trends in media consumption and to preserve their livelihoods. The streaming age has seen an explosion in the quality and quantity of content thanks to the writers who have been continually demeaned and undervalued. The studios need to offer the writers a deal that accurately reflects this.
These writers may have picked a fight they cannot win. The streaming boom is over, and the once cash-flush platforms are feeling the pinch. Platforms are in no rush to spend money or greenlight another prestige show as investors bear down on them to turn a profit. Everyone in the industry is grappling with this slowdown, and writers shouldn't receive special treatment.