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I worked at Disney World and visited the theme parks for free all the time. AdvertisementIf you're looking for a vacation that's a great value, I don't think you'll ever find it at Disney World. My partner and I recently planned our first Disney trip together and told ourselves we could do it on a budget. I'm used to getting discounts all over Disney WorldWhen I worked at Disney World, I visited the parks for free and got added discounts. I still loved my trip, but I do feel like Disney World is too expensiveIt will probably be a while before I head back to Disney World.
Persons: I've, I'm, , Jordyn Bradley, Mickey pretzels, Mickey, mignon, Jordyn Bradley I've Organizations: Disney World, Service, Disney, Sports, Disney Springs, Hollywood Studios, Epcot, Sam's Club Locations: Magic Kingdom, Epcot, Japan, Canada, Magic
I stayed at the cheapest hotels onsite at Disney World and Universal Orlando earlier this year. That's what I thought until one trip to a Universal Orlando value hotel. While Disney World is home to princesses, Star Wars characters, Marvel superheroes, and Pixar cartoons, Universal Orlando boasts Harry Potter, Minions, and Transformers. Abigail Nilsson/Getty ImagesWhere Universal may have Disney beat: value hotel roomsI've stayed at Disney World's value resorts on multiple occasions throughout my life. I love staying at Disney World's value resorts overall, but based on this experience, I think Universal Orlando offers better rooms.
Persons: , I've, you'll, Marvel, Harry Potter, Abigail Nilsson, Amanda Krause, I'm Organizations: Disney World, Universal Orlando, Universal, Service, Disney, Sports, Hollywood Studios, Magic, Universal Studios, Wars, Pixar, Star Resorts Locations: Orlando , Florida, Universal Orlando, Magic Kingdom, Animal Kingdom, EPCOT
Schools have told a child protection organization that AI image generators are being used to make indecent content. AdvertisementChildren are using AI image generators at school to create indecent content of other children, experts on online child safety warned on Monday. The UK Safer Internet Centre is calling for "urgent action" to help children understand the risks associated with such AI images, which it says legally constitute child sexual abuse material. Emma Hardy, the UKSIC director, said the AI images were photorealistic and comparable to professional photos. Getty/Amy SussmanThe rise of AI image generators has come with plenty of controversy.
Persons: , Emma Hardy, UKSIC, David Hardy, Bunny, Getty, Amy Sussman Organizations: Safer, Service, SAG Locations: Spanish
The NewsThe union representing teachers, counselors and other school employees in Portland, Ore., reached a tentative deal with the city's public school district on Sunday, ending a strike that has kept nearly 45,000 students out of classes for more than three weeks in Oregon’s largest district. That is about in the middle of what the district had offered and what the union had asked for at the start of the strike. The strike has drawn attention to public school funding in Oregon. (Minneapolis students missed 14 school days during a strike last year.) The strike, which kept students out of school for nearly the entire month of November, could risk amplifying that message in Portland.
Persons: , Thomas Dee, , Dr, Dee Organizations: Hollywood, Portland Public Schools, Oregonian, Veterans, Minneapolis, Public Schools, Stanford University, Students Locations: Portland ,, Oregon’s, Oregon, Portland
He had directed only one movie, “47 Ronin.” It was a commercial and critical dud, and Mr. Rinsch’s tussles with its producers had raised eyebrows, even in an industry where such conflicts are the norm. Amid the feeding frenzy, the project that Mr. Rinsch was pitching — a science-fiction series about artificial humans — became a hot property. After a competitive auction, Mr. Rinsch and his representatives reached an informal eight-figure agreement with Amazon. The project with Mr. Rinsch has turned into a costly fiasco, a microcosm of the era of profligate spending that Hollywood studios now are scrambling to end. Netflix burned more than $55 million on Mr. Rinsch’s show and gave him near-total budgetary and creative latitude but never received a single finished episode.
Persons: Carl Erik Rinsch, Rinsch’s, Rinsch, Cindy Holland Organizations: Disney, Apple, Amazon, Netflix, Hollywood Locations: Hollywood
Read previewA third "Deadpool" film is in the works, starring Ryan Reynolds as the titular Marvel mercenary and anti-hero. This time around, Reynolds will be joined by his longtime friend Hugh Jackman, who's reprising his role as Logan/Wolverine. According to Jackman, 'Deadpool 3' will take place before 'Logan'Hugh Jackman as Logan/Wolverine in "Logan." "And the fact that he's going to be on our 'Deadpool' set each and every day is nerve-wracking for me. 'Deadpool 3' is currently set for release on July 26, 2024Ryan Reynolds and Hugh Jackman in "Deadpool 3."
Persons: , Ryan Reynolds, Reynolds, Hugh Jackman, who's, Logan, Shawn Levy, Jackman, Wolverine, James Mangold's, Deadpool, Hugh, Wade, he's, Emma Corrin, Jordan Strauss, It's, Matthew Macfayden, Matthew Macfadyen, Jae C, Tom Wambsgans, Morena, Morena Baccarin, Vanessa, Baccarin, Michael Rosenbaum, everybody's, Karan Soni, Leslie Uggams, Al, Stefan Kapicic, Rob Delaney, Peter, Brianna Hildebrand, Shioli Kutsuna, Yukio, Jennifer Garner, Elektra Jennifer Garner, Elektra, Fox Garner, Ben Affleck, Garner, AFTRA, @ShawnLevyDirect, @VancityReynolds Organizations: Service, Marvel, Business, Collider, Disney, Fox, Canada, Twitter, Hollywood, Etalk, Hollywood Reporter, Marvel Studios, British, SAG Locations: Logan
Sustainable Finance & Reporting category · November 11, 2023Streaming services will pay bonuses of roughly $40 million per year as part of the tentative labor agreement reached between the SAG-AFTRA actors union and major Hollywood studios, union leaders said on Friday after their board backed the deal.
Organizations: Sustainable Finance, SAG, Hollywood
The logo of the Times Square Disney store is seen in Times Square, New York City, U.S. December 5, 2019. The next "Deadpool," which had been scheduled to reach theaters in May, will now debut in late July, Disney said in a statement. Another Marvel superhero film, "Thunderbolts," was pushed to July 2025, and "Blade" was postponed until November 2025. After a tentative labor agreement was reached on Wednesday, studios and actors are working out schedules to finish uncompleted projects. Outside of Marvel, Disney moved the debut of "Mufasa: The Lion King" to December 2024, five months later that originally planned.
Persons: Nick Pfosi, Walt Disney, Disney, Lisa Richwine, Shri Navaratnam Organizations: Times Square Disney, REUTERS, Marvel, Thomson Locations: Square , New York City, U.S
Morning Bid: 'Not confident' Powell drags markets lower
  + stars: | 2023-11-10 | by ( ) www.reuters.com   time to read: +3 min
Since the Fed left rates unchanged last week, markets had increasingly grown confident that the peak in U.S. rates was in sight. But up stepped Powell to squash any hopes of an impending rate cut. "[The Fed] is committed to achieving a stance of monetary policy that is sufficiently restrictive to bring inflation down to 2% over time," Powell said. That led stocks lower, with MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) skidding 1% to their lowest in a week. The rise in yields boosted the dollar, which is headed for its best week against the yen in three months.
Persons: Jerome Powell, Kevin Lamarque, Ankur Banerjee, Powell, Christine Lagarde, Walt Disney, policymaker Joachim Nagel, SNB's Thomas Moser, Edmund Klamann Organizations: Monetary Fund's, REUTERS, Ankur, European bourses, Treasury, Industrial, Commercial Bank of China's, U.S . Treasury, Reuters, Thomson Locations: Washington , U.S, Asia, Pacific, Japan, European, U.S, Commercial Bank of China's U.S, Norway, Sweden
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Hollywood actors-studios deal 'came down to A.I. at the very end', says Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the tentative deal reached by the Screen Actors Guild and Hollywood studios to end the monthslong strike, who the winners and losers are, the impact on production, and more.
Persons: Matt Belloni Matt Belloni, Puck Organizations: Screen Actors Guild, Hollywood
To studio executives who negotiated with the SAG-AFTRA president, the former star of "The Nanny" prolonged a strike while she relished her high-profile role. As president of the 160,000-member SAG-AFTRA union, Drescher won widespread praise from performers for her tenacity in fighting for better wages and protections against the rising threat of artificial intelligence technology. Drescher framed her actions as part of a broader labor movement battling Corporate America, where, in her view, executives place Wall Street's approval and their own compensation ahead of the welfare of workers. Studio executives, who declined to criticize Drescher publicly to avoid inflaming labor talks, said the 66-year-old Drescher delivered similar unvarnished critiques to industry leaders during closed-door negotiations. "Her interest as the union president is to see all performers, from background to the top 2%, succeed in a vibrant industry for the next century and beyond."
Persons: Fran Drescher, Duncan Crabtree, Fran Fine, Drescher, Kate Bond, Jill Morgan, AFTRA, Wall, Norma Rae, Ivy Kagan Bierman, Loeb & Loeb, Shari Belafonte, Belafonte, Bob Iger, Ted Sarandos, Kimberly Westbrook, Fran, Westbrook, Justine Bateman, Alex Plank, Bobby Cannavale, Robert De Niro, Ezra, She's, Plank, Dawn Chmielewski, Lisa Richwine, Mary Milliken, Rosalba O'Brien, Gerry Doyle Organizations: SAG, Writers Guild of America, Hollywood, Netflix, Broadway, CBS, Corporate America, Loeb &, NBC, Walt Disney, Amazon Studios, Thomson Locations: Los Angeles , California, U.S, ANGELES, Queens, Ireland
Warner Bros Discovery (WBD.O) and Paramount Global (PARA.O) gained 3% each, Netflix (NFLX.O) rose marginally, while Walt Disney (DIS.N) jumped 4%, as it also benefited from strong earnings and a plan to cut more costs. The writers, who had gone on strike before the actors in spring, returned to work in late September, but most productions remained halted as the actors were on picket lines. "Its certainly a very encouraging sign the chasm that opened up between actors, writers and studios can finally be closed and work begin in earnest on re-starting productions," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. Streeter warned that "it's going to take considerable time before new movies, in particular, will appear on screens given the lengthy post-production process." Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
Persons: Alyssa Pointer, Walt Disney, Susannah Streeter, Hargreaves Lansdown, Streeter, Samrhitha, Shinjini Organizations: Warner Bros . Discovery, Writers Guild of America, Alliance of Motion Pictures, Television Producers, REUTERS, Warner Bros Discovery, Paramount Global, Netflix, SAG, Hargreaves, Thomson Locations: Warner Bros . Discovery Atlanta, Atlanta , Georgia, U.S, Hollywood, Bengaluru
Then, suddenly, with only minutes to go until the cutoff, the studio bosses got their answer: SAG-AFTRA, the union that represents the 160,000-some actors, had accepted the deal. Relief among the big four studio chiefs, made up of Disney’s Bob Iger, Warner Bros. Discovery’s David Zaslav, Netflix’s Ted Sarandos, and NBCU’s Donna Langley. Relief among the actors, who will finally get back to work. And relief among the other unions and workers who rely on the hum of the Hollywood machine to make ends meet. To get television shows back in January and keep film schedules to where they are, studios will need to quickly restart production.
Persons: Bob Iger, Discovery’s David Zaslav, Ted Sarandos, Donna Langley, , AFTRA, ” Sarandos, Zaslav Organizations: CNN, Hollywood, Warner Bros, Donna Langley . Relief, SAG Locations: Tinseltown
Everyone is going bankrupt
  + stars: | 2023-11-09 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +8 min
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . WeWork, the real-estate company that cosplayed as a tech startup, filed for Chapter 11 bankruptcy this week. AdvertisementAdvertisementBut one Wall Street veteran believes WeWork will be the first of many companies to succumb to a similar fate. 3 things in marketsANGELA WEISS / Getty ContributorCan the stock market keep this momentum going?
Persons: , AFTRA, Tesla, Brooks Kraft, It's, WeWork, David Trainer, Jennifer Sor, Insider's Vishal Persaud, Katie Notopoulos, Adam Neumann, we've, ANGELA WEISS, Jeff Gundlach, OpenAI's, Google's Bard, Min, Uber, Travis Kalanick's, Matthew Tortoriello, Sherrod Brown, Malte Mueller, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, SAG, Hollywood, Tech, Google, Brooks Kraft LLC, Getty, Wall, P, Bank of America, Wall Street, Nasdaq, ExxonMobil, Tesla, Apple, Brooks, Amazon, YouTube, NFL, News Corp, Sony Locations: French Montana, New York City, San Diego, London, New York
SAG-AFTRA has reached a tentative agreement to end its strike against the Hollywood studios. The strike lasted 118 days, and, along with the Hollywood writers' strike, halted most film and TV production. AdvertisementAdvertisementThe actors' union, SAG-AFTRA, announced Wednesday evening that it had secured a tentative deal with Hollywood studios to end a strike of nearly four months, a spokesperson for the guild confirmed to Insider. The guild's national board will review the tentative deal on Friday, November 10, after which the union said "further details" would be released. While 2023 has seen some box office highs, most notably the summer's Barbenheimer phenomenon, movie theaters, and Hollywood studios are still struggling to recover from the pandemic drop in theatergoing.
Persons: AFTRA, , Netflix —, Bob Iger, Donna Langley, Ted Sarandos, David Zaslav, Debra Messing, Pedro Pascal — Organizations: Hollywood, Service, SAG, Alliance, Television Producers, Writers Guild of America, Warner Bros, Disney, Netflix, Discovery, WGA, Apple, Paramount, Sony, Writers Locations: California, Hollywood,
On Wednesday night, inside a cavernous event space on the Lower East Side, at the annual gala for the public art organization Creative Time, the actor Jeremy Strong said the news that striking actors and Hollywood studios had reached a tentative deal, “went around the room like wildfire.”“I just think it’s great news for the lights to be turned back on for everybody,” Mr. Strong said. “It means we can all get back to work,” said Julianne Moore, who added, “I miss my community. I miss getting up, and I’m just thinking about things, talking about things, working with other creative people.”“I miss, like, making something,” said Michelle Williams. Nearly 500 people attended the event. The crowd of actors, designers and art world fixtures, included the curator Antwaun Sargent, the designer and actor Waris Ahluwalia, the artist Taryn Simon, and Anne Pasternak, the director of the Brooklyn Museum, who was previously the president and artistic director of Creative Time.
Persons: Jeremy Strong, , ” Mr, Strong, , Julianne Moore, ” “, Michelle Williams, Rick Lowe, Jackson Polys, Adam Khalil, Zack Khalil, Jon Neidich, Antwaun Sargent, Waris Ahluwalia, Taryn Simon, Anne Pasternak Organizations: Hollywood, Brooklyn Museum, Creative
SAG-AFTRA members and supporters chant outside Paramount Studios on day 118 of their strike against the Hollywood studios on November 8, 2023 in Los Angeles, California. Before the actors' union reached a labor deal with studios Wednesday night, Disney CEO Bob Iger told CNBC's Julia Boorstin that the strike's impact on the business had so far "been negligible." Because of the actors' strike, Sony cut its movie unit's fiscal year operating-profit forecast to 115 billion yen from 120 billion yen. "We have incorporated the impact that can be assumed at the present time into our forecast for the fiscal year." In July, while Hollywood actors and writers were both on strike, Sony postponed the release of Marvel Studios collaboration "Kraven the Hunter" to next year and delayed its next "Spider-Verse" movie, both potential blockbusters.
Persons: Bob Iger, CNBC's Julia Boorstin, Kraven, Hunter Organizations: Paramount Studios, Hollywood, Disney, Sony, Marvel Studios, AMC Entertainment Locations: Los Angeles , California
SAG-AFTRA members walk the picket line on the 100th day of their ongoing strike outside Paramount Studios in Los Angeles, California, October 20, 2023. Hollywood's actors and studios have a preliminary labor agreement. The tentative deal will go to the union's national board Friday for "review and consideration," the statement said, and added that further details will be released following the meeting. The actors strike, which has lasted 118 days, will end at midnight and the SAG-AFTRA board will convene on Friday to review the final deal. Hollywood actors initiated a work stoppage in mid-July as negotiations broke down with studios including Disney , Paramount , Universal , Netflix and Warner Bros.
Persons: AFTRA Organizations: Paramount Studios, SAG, Screen Actors, American Federation of Television, Radio Artists, Alliance, Television Producers, Hollywood, Disney, Paramount, Universal, Netflix, Warner Bros . Discovery . Studios, Television, Writers Guild of America, Comcast, CNBC Locations: Los Angeles , California, NBCUniversal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSAG-AFTRA reportedly reaches tentative deal with Hollywood studiosHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Brian Sullivan, Organizations: SAG, Hollywood, CNBC
One of the longest labor crises in Hollywood history is finally coming to an end. Upset about streaming-service pay and fearful of fast-developing artificial intelligence technology, actors joined screenwriters on picket lines in July. The writers had walked out in May over similar concerns. It was the first time since 1960, when Ronald Reagan was the head of the actors’ union and Marilyn Monroe was still starring in films, that actors and writers were both on strike. Brooks Barnes and Nicole Sperling reported from Los Angeles and John Koblin from New York.
Persons: , Ronald Reagan, Marilyn Monroe, Brooks Barnes, Nicole Sperling, John Koblin Organizations: SAG Locations: Hollywood, Los Angeles, New York
You can see in the funding for the infrastructure bill that we’re working hard to do all of that. We want to build generational wealth and do it in a way that heals communities rather than separates them. Between the Bipartisan Infrastructure Law, the Inflation Reduction Act and the CHIPS act, there’s been a $1.8 trillion dollar investment. You may recall that when this conversation started about three or four years ago, the number was $6 trillion. So $1.2 trillion is significant, but it’s just a downpayment on what the real needs are.
Persons: Mitch Landrieu, Joe Biden, Biden’s, Landrieu, Bell, you’ve, We’re, Biden, it’s, He’s, he’s, there’s, I’ve, Catherine Thorbecke, , David Tolley, WeWork, Adam Neumann, Neumann, , AFTRA, Ramishah Maruf, , ” It’s Organizations: CNN Business, Bell, New York CNN, White, Infrastructure Investment, Jobs Act, Economic Security, Infrastructure Law, SAG, Locations: New York, New Orleans, Lowndes County , Alabama, Napakiak, Alaska, China, America, Hollywood
"There was a lot of excitement and hope at the return of Bob Iger a year ago," a current Disney staffer told Insider. Uncertainty about the company's future and about who's deciding what on the creative side has left execs in a state of inertia, according to an entertainment lawyer with knowledge of Disney's business. The declining linear TV business culminated in a standoff with Charter Communications over terms for a new contract for carrying Disney's cable channels. And Disney's streaming business, which was supposed to make up for the decline in cable revenues, has lost $11 billion since Disney+ launched in 2019. Churn is a top concern in Disney streaming, some employees said.
Persons: Goofy, what's, Bob Iger, Bob Chapek, He's, confidants, Zenia Mucha, Alan Braverman, Alan Horn, Jayne Parker, Christine McCarthy —, Mickey, Ariel, grumbled, Iger's, It's, he's, Iger, Paul Verna, Chapek, Bob, it's, Ron DeSantis —, Iger —, Nelson Peltz, he'd, hasn't, Verna, Disney, Ike Perlmutter, Peltz, Perlmutter, Ike, Disney's, Paul Singer, Kevin Mayer, Tom Staggs, Puck, Stagg's Blackstone, Intelligence's Verna Organizations: Walt Disney Co, Disney, ABC, Hollywood, CNBC, Writers Guild of America, Wall, Insider Intelligence, Marvel, Lucasfilm, Century Fox, Google, Facebook, Netflix, Communications, Florida Gov, Hulu, ESPN Iger, FX, Geographic, ESPN, Apple, Electronic, Elliott Investment Management, Bloomberg, Mayer Locations: Burbank, Hollywood, Florida's, Iger
NEW YORK, NEW YORK - OCTOBER 31: Rebecca Damon joins SAG-AFTRA members on strike during Halloween on October 31, 2023 in New York City. The strike, which began on July 14, entered its 100th day on October 21st as the actors' union and Hollywood studios and streamers failed to reach an agreement. (Photo by John Nacion/Getty Images)SAG-AFTRA actors aren't totally on board with Hollywood studios' latest labor agreement pitch. Studios put forth this "last, best and final offer" over the weekend, with top executives making clear that they would not make further concessions. Later in the month, talks resumed again, but so far, SAG-AFTRA and the AMPTP have been unable to reach a deal.
Persons: Rebecca Damon, John Nacion, aren't, AFTRA Organizations: NEW, SAG, Hollywood, Getty, American Federation of Television, Radio Artists, Alliance, Television Producers, Disney, Paramount, Universal, Netflix, Warner Bros ., Television, Comcast, CNBC Locations: New York City, NBCUniversal
New York CNN —SAG-AFTRA said it has responded to Hollywood studios’ “last, best & final offer” on Monday as pressure ramps up to reach a deal ending the industry-freezing strike. The actors’ union said in a message to its members that there are several “essential items” that the two sides have yet to reach agreement on, such as the use of AI. SAG-AFTRA, which represents about 160,000 actors, announced its members would walk off sets on July 14, joining the striking writers in a historic double walkout against the studios. Both unions have advocated for restrictions on the use of artificial intelligence, a technology that actors and writers alike believe poses an existential threat to their livelihoods. Members of the Writers Guild of America union ratified a new contract with Hollywood and television studios in early October.
Persons: AFTRA, , , It’s, – CNN’s David Goldman Organizations: New, New York CNN, SAG, , Alliance, Television Producers, Disney, Netflix, Warner Bros . Discovery, Warner Bros, CNN, Writers Guild of America, Hollywood Locations: New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAll of the production delays is making Netflix stronger, says LightShed's Rich GreenfieldRich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss the state of the SAG-AFTRA strike, the impact on Hollywood studios and box office, and more.
Persons: LightShed's Rich Greenfield Rich Greenfield Organizations: Netflix, LightShed Partners, SAG, Hollywood
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