While the Suits might think such an approach would work, it won't. The main flaw with that approach is that it presupposes American entertainment is the only option. And not to sound dismissive of the plight that the actors and writers are facing, but it's not. Thanks to globalization, movies and TV shows from around the world are now easily accessible and with no new American production being worked on, their popularity is only going to rise. And indeed, some American television franchises already have foreign spinoffs of their shows in production. Law and Order (which already has a British spinoff) has a Canadian spinoff in development while NCIS is currently filming an Australian spinoff. The longer these strikes go on the more exposure foreign entertainment will get in the US and with no new product of their own, the shareholders the Suits answer to are going to ask them "what the hell?" At which point the Suits are either going to have to reach a deal with the actors and writers or they will be replaced with new executives who will.I'm not.
The plan seems to be to keep it going until the actors and writers really feel economic pain. I wouldn't be surprised if this continued into next year. What is interesting this month is that I'm seeing P+ shows on Prime. More HBO/MAX shows on Netflix. And AMC+ shows on MAX. The studios obviously have a plan.
And then there's the fact that polls currently show the public largely supports the actors and writers, so again the Suits aren't making any friends by refusing to make a deal and end the strikes.