Hollywood studios and authors are in the midst of emergency negotiations to prevent a strike.

Late on Monday, representatives from Hollywood's film and television studios and the industry's writers met for contract negotiations in an effort to avoid a strike that would hamper TV production throughout an industry dealing with seismic shifts. If the Writers Guild of America and major studios like Walt Disney Co. and Netflix Inc. are unable to reach an agreement by Tuesday, a strike could be called. It's been 15 years since th....