When building their own streaming companies, many entertainment studios ended lucrative licensing deals with Netflix. But they missed the money too much.

The studios and the actors’ union haven’t spoken for more than two months, but a deal is needed before the entertainment industry can fully return.

Fran Drescher, who became a household name for her role on a 1990s sitcom, is now president of the union going on strike.

Fear of protests prompted the streaming giant to shift an anticipated presentation for advertisers to a virtual event and a top executive to skip an honorary gala.