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Search resuls for: "Television Producers"


9 mentions found


☆ The Week in Business: A Trial With a Twist
  + stars: | 2023-04-23 | by ( Marie Solis | ) www.nytimes.com   time to read: +4 min
In an unexpected twist in the courtroom on Tuesday — after jurors had been selected and opening statements delayed — Fox News agreed to a $787.5 million settlement. But even at less than half that amount, the settlement is still one of the largest ever in a defamation case. Caveats released in August said vehicles and plug-in hybrids assembled outside North America were not eligible for the $7,500 credit. The list of eligible vehicles is expected to grow as carmakers fine-tune their supply chains and catch up with demand. When the bank reports its quarterly earnings this week, analysts expect to see an enormous flight of deposits — that is, customers pulling their money from the bank — and losses.
☆ Hollywood writers approve strike if union talks break down
  + stars: | 2023-04-17 | by ( Lisa Richwine Danielle Broadway | Lisa Richwine | Danielle Broadway | ) www.reuters.com   time to read: +2 min
LOS ANGELES, April 17 (Reuters) - Hollywood writers voted overwhelmingly in favor of giving union negotiators the power to call a strike, moving a step closer to a production shutdown that would hamper studios and disrupt what viewers see on television. The Writers Guild of America (WGA) on Monday said 97.85% of members who voted supported letting negotiators order a work stoppage if they do not have a new contract by May 1. Nearly 80% of the group's 11,500 members voted. The last WGA strike in 2007 and 2008 lasted 100 days. If a strike is called, audiences would first see the impact on late-night talk shows, which use teams of writers to pen topical jokes.
☆ Writers strike looms after members vote to shut down film and TV production
  + stars: | 2023-04-17 | by ( Chris Isidore Vanessa Yurkevich | Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com   time to read: +4 min
The vote announced Monday afternoon showed 97.9% of participating union members voting to approve a potential strike. A file photo shows members of the Writers Guild of America walk the picket line in New York during their last strike in 2007. Unions typically conduct a strike authorization vote during the course of negotiations, and they almost always get approved by overwhelming margins. Negotiators for the AMPTP and the Writers Guild met at the negotiating table on Friday, according to one producer close to negotiations. AMPTP gave WGA new proposals in response to some of the Guild’s contract requests – and is awaiting review and feedback on those Monday, along with the strike vote results, the producer said.
☆ Hollywood writers vote on whether to give negotiators power to call strike
  + stars: | 2023-04-16 | by ( Lisa Richwine | Industry Insight | Reuters Professional | ) www.reuters.com   time to read: +5 min
Negotiators for the Writers Guild of America (WGA) have asked the roughly 11,500 members to give them the power to call a strike after May 1 if contract talks break down. The last WGA strike, in 2007 and 2008, lasted 100 days. Film and television work has rebounded, but movie-going remains below pre-pandemic levels, despite blockbusters such as "Avatar: The Way of Water." Residuals paid to TV writers hit an unprecedented $493.6 million in 2021. In 2017, WGA members authorized a strike but reached a deal hours before writers headed to picket lines.
☆ Hollywood writers hold strike vote Tuesday
  + stars: | 2023-04-11 | by ( Vanessa Yurkevich | ) edition.cnn.com   time to read: +3 min
New York CNN —The Writers Guild of America is set to hold a strike authorization vote on Tuesday. “The studios need to respond to the crisis writers face,” WGA leadership said in a message to members ahead of the vote. The last writers’ strike was in 2007 and lasted 100 days, bringing Hollywood production to a screeching halt. The WGA-AMPTP negotiation is the first of three contract negotiations with entertainment unions. The Screen Actors Guild contract also expires June 30.
☆ Hollywood screenwriters are OK with using bots like ChatGPT to write scripts — as long as they still get the credit
  + stars: | 2023-03-22 | by ( Lakshmi Varanasi | ) www.businessinsider.com   time to read: +3 min
The Writer's Guild of America is proposing that screenwriters can use ChatGPT for scripts, according to Variety. The guild's proposal was first discussed Monday in a bargaining session with producers, Variety said. According to the WGA's proposal, AI-generated material would neither be considered "literary material" nor "source material," Variety said, adding that both of those are "key terms" for assigning writing credits. They also have an impact on residuals, which is compensation for the reuse of a writer's material, according to the WGA. It's not clear whether the AMPTP is receptive to the proposal, Variety said.
☆ Hollywood braces for potential strike as writers begin high-stakes talks with studios
  + stars: | 2023-03-20 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +3 min
The guild is heading to the Sherman Oaks bargaining table seeking higher compensation for writers, a boost in contributions to pension and health funds, and better workplace standards. Most notably, the guild wants to factor in the streaming economy into compensation packages for its members. Residual fees — or money paid when a film or series is rerun or aired on broadcast — has helped pad the wallets of writers for years. But those fees are vanishing in the streaming era, which is where a great deal of projects ultimately land these days. The guild has advised members that the initial round of talks will last two weeks.
☆ HBO layoffs, cuts, and 'ill will' over show cancellations have damaged its reputation among TV creators
  + stars: | 2022-11-29 | by ( Elaine Low | ) www.businessinsider.com   time to read: +3 min
"I'm super, super nervous, because HBO has always been my favorite place to do business," said one TV agent. But concerns about new corporate leadership, layoffs, budget cuts, and the future of HBO Max — the streaming home of HBO — kept bubbling to the top. "I'm super, super nervous, because HBO has always been my favorite place to do business," one TV agent said. Aside from the 70 or so layoffs at HBO and HBO Max over the summer amid broader restructuring at WBD, creatives were troubled by the company's decision to pull existing TV shows and films from HBO Max. Read all of Insider's 2022 report here: 14 TV insiders rank the streamers where they want to sell shows: HBO is No.
☆ Warner Bros. Discovery layoffs, cuts, and 'ill will' over canceled shows have tarnished HBO with TV creators
  + stars: | 2022-11-14 | by ( Elaine Low | ) www.businessinsider.com   time to read: +3 min
"I'm super, super nervous, because HBO has always been my favorite place to do business," said one TV agent. But concerns about new corporate leadership, layoffs, budget cuts, and the future of HBO Max — the streaming home of HBO — kept bubbling to the top. "I'm super, super nervous, because HBO has always been my favorite place to do business," one TV agent said. Even original series created just for the streamer, such as "Little Ellen," "Summer Camp Island," and "My Dinner with Hervé," were pulled. Read all of Insider's 2022 report here: 14 TV insiders rank the streamers where they want to sell shows: HBO is No.
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