This situation is reminiscent of the writer’s strike in 2007-2008. Most of the TV-watching public couldn’t understand why the two sides couldn’t come to terms when there was so much money to be made and so much money was being lost as a result of the strike.
The issue there was the same as the issue here. Both sides understand how much money is at stake and neither side wants to give up even a fraction of a percentage point at the negotiating table because they know how much money it represents. Rich people don’t get rich by being careless with their money. When you have a number of them on opposite sides of a very considerable sum of money, neither side is going to throw in the towel without a fight.
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