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Follow live coverage of the 75th Emmy Awards ceremony. Postponed for months because of last year’s Hollywood writers and actors strikes, the 75th Primetime Emmy Awards will finally be handed out on Monday night. And just like at those awards, HBO’s dynastic dramedy “Succession” is set to dominate. Viewing numbers for the Emmy Awards have been trending downward over the years — the most recent ceremony, in September 2022, brought in a record low audience of 5.9 million people on a night when the award show had little competition. playoff game between the Philadelphia Eagles and the Tampa Bay Buccaneers and against live coverage of the Iowa caucuses.
Persons: , Lucy Organizations: Hollywood, Globes, Philadelphia Eagles, Tampa Bay Buccaneers, SAG, Guild of America Locations: Iowa
The nominations for the 75th annual Emmy Awards were announced on July 12, 2023. The next day, the Screen Actors Guild voted to go on strike, joining the Writers Guild of America in a work stoppage that shut down Hollywood for months. As a result of the strikes, the Emmys were postponed until January. The ceremony will air on Monday — on the heels of the Golden Globes, in the midst of the N.F.L. Our TV reporter, John Koblin, joins TV editor Jeremy Egner to discuss the competitions to watch on Emmy night, and whether this ceremony might be a turning point for both the Emmys and the era of “peak TV.”
Persons: John Koblin, Jeremy Egner, Organizations: Screen Actors, Writers Guild of America, Golden Globes Locations: Hollywood, Iowa
New York CNN —The longest US auto strike this century is over after a pretty clear win for the United Auto Workers union at all three unionized automakers. “I don’t like what I’ve seen in my work career with the UAW leadership, where they were too damn close to the companies,” UAW President Shawn Fain told CNN earlier this month. So I like to let the body of work speak for itself.”The success of those contracts is the reason that Shawn Fain is CNN Business’ labor leader of the year. All told nearly 800,000 union members got raises of 10% or more during 2023. The plant will be be reopened under the agreement reached between Stellantis and the UAW to end the union's strike at the company.
Persons: Shawn Fain, there’s, Fain, , , I’ve, Sean O’Brien, Fran Drescher, Ted Pappageorge, Bill Greenblatt, Wheaton, Jeff Schuster, It’s, Stellantis, Bianca Flowers, Reuters “, Ray Curry, GlobalData’s Schuster, ” Shawn Fain, we’re Organizations: New, New York CNN, United Auto Workers, UAW, CNN, CNN Business, UPS, SAG, Writers Guild of America, Culinary, Kaiser Permanente, General Motors, Ford, Motors Wentzville, GM, UPI, Cornell University’s School of Industrial and Labor Relations, GlobalData, Jeep, Reuters, Justice Department, Chrysler, Facebook, UAW International Union Locations: New York, Las Vegas, Stellantis, Wentzville , Missouri, Kokomo , Indiana
LOS ANGELES (AP) — Hollywood’s actors have voted to ratify the deal with studios that ended their strike after nearly four months, leaders announced Tuesday. The approval of the three-year contract from the members of the Screen Actors Guild-American Federation of Television and Radio Artists was no certainty, with some prominent members voicing dissent on the deal for which the union leaders bargained. But the outcome is a major relief for SAG-AFTRA leaders and an entertainment industry that is attempting to return to normal after months of labor strife. Political Cartoons View All 1283 ImagesThose leaders had freed actors to return to work, declaring the strike over as soon as the tentative deal was struck Nov. 8. “It is purposefully vague and demands union members to release their autonomy....
Persons: , Fran Drescher, Justine Bateman, Matthew Modine, stoked, , ” Modine, Drescher, Jessica Chastain, Colman Domingo, “ Rustin, , ” Domingo, John Carucci Organizations: ANGELES, Screen, American Federation of Television, Radio, SAG, Hollywood, Alliance, Television Producers, Associated, AP, Associated Press Locations: New York
New York CNN —Members of SAG-AFTRA, the Hollywood actors union, have ratified a new contract with the Alliance of Motion Picture and Television Producers, which represents major studios and streamers, the union said on Tuesday. Hollywood actors and producers reached the tentative deal on November 8, after tumultuous negotiations throughout the year. The actors union strike ended on midnight after the deal was tentatively reached, tentatively concluding one of the most disruptive strikes in Hollywood’s history. But the actors’ contract negotiations didn’t last long, breaking down on October 11 before returning later in the month. On Wednesday, November 8, the actors union announced they had reached a tentative agreement, allowing actors to soon return to work.
Persons: Fran Drescher, ” AMPTP, Drescher, Bryan Cranston, , AFTRA, Justine Bateman, Matthew Modine —, , we’re, Caitlin Dulany, you’re, Dulany, Bloods ” Organizations: New, New York CNN, SAG, Hollywood, Alliance, Television Producers, Writers Guild of America, didn’t, CNN, LA, AMPTP, Abbott, Bloods Locations: New York
Cher has sold over 100 million records and won a trove of awards, including a Grammy, an Emmy and an Oscar, across her six-decade career. But there's one mistake the 77-year-old singer made earlier in her career that still haunts her — and cost her "a lot of money," she shared in a new interview. While that line made it to the final recorded version of "Believe," Cher's name doesn't appear in the songwriting credits. "Believe," which was released in 1998, is one of Cher's best-selling records to date. Warner Records, the label that released "Believe," did not immediately respond to CNBC Make It's request for comment.
Persons: Cher, Vernon Kay, Kay, I've, Rick Carnes, Carnes, Brian Higgins, Stuart McLennan, Paul Barry, Steven Torch, Matthew Gray, Timothy Powell Organizations: BBC, Recording Academy, Songwriters Guild of America, Warner Records, CNBC
[1/5] SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line outside Disney Studios in Burbank, California, U.S., July 25, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsLONDON, Dec 4 (Reuters) - From strikes paralysing Hollywood to the Beatles releasing their last ever song, the world of entertainment provided many headlines this year. * The last Beatles song, featuring the voice of late member John Lennon and developed using artificial intelligence, was released. * Music superstars Taylor Swift and Beyonce kicked off their hugely successful concert tours, and both brought films of them to cinemas. "Taylor Swift: The Eras Tour" hauled in an estimated $126 million-plus globally in its opening weekend, a boost for cinemas after the Hollywood strike prompted studios to delay releases for titles like "Dune: Part Two."
Persons: Mike Blake, John Lennon, Charlie Watts, Madonna, Britney Spears, Justin Timberlake, Kevin Spacey, Gwyneth Paltrow, Ed Sheeran, Alec Baldwin, Rust, Halyna Hutchins, Taylor Swift, Beyonce, Swift, Travis Kelce, Robert De Niro, Al Pacino, Tina Turner, Lisa Marie Presley, Harry Belafonte, Matthew Perry, Tom Sizemore, Julian Sands, Jeff Beck, Jane Birkin, Tony Benett, Sinead O'Connor, Michael Gambon, Marie, Louise Gumuchian, Frances Kerry Organizations: Writers Guild of America, Disney Studios, REUTERS, Hollywood, Beatles, Unions, New, Kansas City Chiefs, Thomson Locations: Burbank , California, U.S, United States, New Mexico
Best Movies of 2023
  + stars: | 2023-12-01 | by ( Manohla Dargis | Alissa Wilkinson | More About Manohla Dargis | ) www.nytimes.com   time to read: +3 min
I saw hundreds of new films with a variety of plots and styles made on every imaginable scale and budget. The movies have ostensibly been at death’s door at least since the shift to sync sound, which isn’t to undersell the industry’s business woes. “Indiana Jones and the Dial of Destiny” was “cursed,” read one headline; “‘Mission: Impossible 7’ falls short of expectations,” ran another. The moaning in the trades gave way to klaxon horns when much of SAG-AFTRA went on strike on July 14. This year also reminded us that a mass audience will happily get out of the house for movies without superheroes.
Persons: Manohla, Rockwell, Martin Scorsese, shutdowns, Topsy, , bullish, Indiana Jones, , AFTRA, Barry Diller, “ Barbie ”, “ Oppenheimer ” Organizations: Yahoo, Sundance Film, Writers Guild, SAG, Paramount, Marvel Locations: Cannes
Stephen Colbert moderates a panel on the Prime Video streaming series The Lord of the Rings: The Rings of Power at Comic-Con International in San Diego, California, U.S., July 22, 2022. REUTERS/Bing Guan/File Photo Acquire Licensing RightsLOS ANGELES, Nov 27 (Reuters) - Production of "The Late Show with Stephen Colbert" was canceled this week as the top-rated U.S. late-night television host recovers from surgery for a ruptured appendix, the CBS program announced on Monday. "Sorry to say that I have to cancel our shows this week. Actually, I’m recovering from surgery for a ruptured appendix," he wrote. Reporting by Steve Gorman in Los Angeles; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.
Persons: Stephen Colbert, Bing Guan, Colbert, Evie, Ed Sullivan, Jennifer Garner, Baz Luhrmann, Jon Batiste, Patrick Stewart, Barbra Streisand, Kelsey Grammer, Variety, Steve Gorman, David Gregorio Our Organizations: Power, Con, REUTERS, CBS, Writers Guild of America, Thomson Locations: San Diego , California, U.S, Turkey, Manhattan, Hollywood, Los Angeles
NEW YORK (AP) — Oscar-winning actor Susan Sarandon and “Scream” star Melissa Barrera were each dropped by Hollywood companies after making comments on the Israel-Hamas war that some deemed antisemitic. Jenna Ortega, who played Barrera’s sister in the two previous “Scream” films, is reportedly not returning, Deadline reported Wednesday. A spokesperson for Ortega didn’t immediately respond to queries. Political Cartoons View All 1265 ImagesA spokesman for the United Talent Agency said Sarandon, the five-time Oscar nominee, is no longer represented by the agency. Israel and Hamas on Wednesday agreed to a four-day cease-fire in the war in Gaza.
Persons: — Oscar, Susan Sarandon, Melissa Barrera, , , Spyglass, Barrera didn't, Jenna Ortega, Ortega, Ortega didn’t, Sarandon, Oscar, she's, Maha Dakhil, Israel, Dakhil Organizations: Hollywood, Spyglass Media Group, United Talent Agency, UTA, New York Post, The, Writers Guild of America, Creative Arts Agency, Hamas Locations: Israel, , Gaza, New York, Palestine
New York CNN —Nearly 900,000 Americans sitting down to Thanksgiving dinner this week will have unions – and the double-digit pay increases they won – to thank. The strike lasted more than six weeks before the union won contracts it was seeking from all three unionized US automakers. The unions won significant pay increases and job protections they were seeking. And even with some of the contracts that pass, some union members offer significant opposition, believing they could have negotiated for even more. The union won a contract approved by 86% of membership who voted on ratification.
Persons: , , Wheaton, Emily Elconin, David Paul Morris, Stellantis, Kate Andrias, Mike Blake, It’s, Greg Regan, ” Regan, Heidi Shierholz, union’s, Cornell’s Wheaton, That’s, EPI’s Organizations: New, New York CNN, CNN, Cornell University’s School of Industrial and Labor Relations, United Auto Workers, General Motors, Ford, Kaiser Permanente, Ford Motor Co, Michigan Assembly, Bloomberg, Getty, Writers Guild, SAG, Teamsters, UPS, Culinary, Los, Pilots, American, United, Southwest, The, Professional, American Airlines, FedEx, United Airlines, San Francisco International Airport, Detroit, MGM Entertainment, UAW, Big, GM, Labor, Columbia Law, Motors, Workers, AFL, Economic Policy Institute, Labor Department, Union, Toyota, Honda, Hyundai, Starbucks, Starbucks Workers United, Locations: New York, Buffalo, Kaiser, Michigan, Wayne , Michigan, DisneyWorld, Los Angeles, Vegas
New York CNN —For over a year, the red-hot housing market has been at the mercy of the Federal Reserve’s rate hikes, which have driven mortgage rates to sky-high levels. Mortgage rates have hovered above 7% since August, according to Freddie Mac data. Both those factors have helped create a scorching-hot housing market and a boom in homebuilder stocks, as Americans turned to building as a buying alternative. Moderating bond yields could change the narrative for the housing market. Tight supply and elevated mortgage rates this year made home purchases the least affordable they’ve been since 1984.
Persons: Bell, Freddie Mac, Toll, DR Horton, Lennar, Price, Steve Sosnick, , John Petrofsky, Chris Isidore, Danielle Wiener, Bronner, haven’t, Clare Duffy, Donie, Meta Organizations: CNN Business, Bell, New, New York CNN, Homeowners, DR, Federal, Treasury, Interactive, National Association of Home Builders, FBB Capital Partners, Starbucks, United Auto Workers, SAG, Writers Guild of America, Starbucks Workers United, Facebook, Street, Washington Post Locations: New York, Wells Fargo, Buffalo , New York, United States, Brazil, Israel, Italy
But the union said the limited duration strike on a key promotion day for Starbucks is important in its efforts to win their first contract at the chain. The union, Starbucks Workers United, won its first representation vote at the company in December 2021, at a store in Buffalo, New York. But many of the stores on strike remained open in past strikes, because management replaced the unionized striking workers with workers from nearby non-union stores and managers. That’s possible because of the close proximity of many Starbucks stores to one another. The union earlier this fall filed an unfair labor practice charge with the NLRB over Starbucks’ refusal to bargain around promotion days.
Persons: haven’t, Moe Mills, Mills, , ” Mills, Organizations: New, New York CNN, Starbucks, United Auto Workers, SAG, Writers Guild of America, Starbucks Workers United, CNN, National Labor Relations Board, NLRB, Red, Kaiser Permanente, Los Angeles, Teamsters, UPS, Michigan, Boeing Locations: New York, Buffalo , New York, St, Louis , Missouri, Kaiser, Detroit, East Coast
SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line during their ongoing strike outside Walt Disney Studios in Burbank, California, U.S., August 22, 2023. Striking writers and actors slashed spending, burned through savings and piled up debt to survive. Sets for movies and TV shows are lighting up again as studios rush to resume filming. Still, Hollywood is unlikely to return to the frenzied production pace of the streaming wars, when studios competed for subscribers and cachet. Hollywood actors won similar gains in a tentative agreement reached with the studios on Nov. 8.
Persons: Mario Anzuoni, caterers, Wall, Celia Finkelstein, ” Finkelstein, , Serena Kashmir, , Fran Drescher, Kevin Klowden, ” Klowden, Long, Marc Meyer Jr, I’ve, Meyer, Guy Bisson, Neil Begley, Ampere, Dawn Chmielewski, Danielle Broadway, Lisa Richwine, Mary Milliken, David Gregorio Our Organizations: Writers Guild of America, Walt Disney Studios, REUTERS, Companies Comcast Corp, Fox, Netflix, Hollywood, Reuters, WGA, SAG, Milken Institute, Sony Pictures, Disney, Global, Ampere, Moody’s, Companies, , Thomson Locations: Burbank , California, U.S, California, Georgia, New Mexico, Hollywood, ” Kashmir, Kashmir, Colorado, North Hollywood, Los Angeles
Fain’s sermonette underscores a trend that has largely gone unnoticed: The Social Gospel movement is making a comeback. Jemal Countess/Getty ImagesIt might sound like hyperbole to say that this resurgent form of the Social Gospel is changing our politics. He reached deep into the Social Gospel throughout the UAW strike, routinely deploying what one commentator called “strikingly Christian rhetoric.”Christopher H. Evans, author of “The Social Gospel in American Religion: A History,” said he heard the Social Gospel in Fain’s UAW speeches. “It (The Social Gospel) won’t have the institutional muscle it had before, but you could still have these voices and followers.”The climate in contemporary America seems ripe for the Social Gospel message. And the soaring optimism of old Social Gospel reformers may now seem as outdated as wobbly black-and-white silent films.
Persons: CNN —, Shawn Fain, Fain, ” Fain, Matthew, Jesus, , Moses, Paul, Stellantis, Fain’s sermonette, don’t, Frederic J . Brown, John D, Rockefeller, , pulpits, didn’t, Charles Sheldon, Fain’s, that’s, Democratic Sen, Raphael Warnock, Cornel West, William Barber II, Liz Theoharis, Matthew Desmond, Martin Luther King, William Barber, Jemal Countess, ” Christopher H, Evans, Heath W, Carter, Luke, Sen, Warnock, Barber, Desmond, Amir Levy, it’s, ” It’s, you’re, ” Evans, Dom Helder Camara, Rebecca Cook, Reuters “ There’s, won’t, , John Blake Organizations: CNN, Big Three, United Auto Workers, UAW, General Motors, Ford Motor Company, Chrysler, Writers Guild of America, UPS Teamsters, UPS, Getty, Democratic, US, Big Tech, Boston University, ” Mining, Library, , Princeton Theological Seminary, Yale Divinity School‘s Center, Public Theology, Ivy League, The New York Times, Social, Reuters, Teamsters, Screen Actors Guild Locations: Jerusalem, America, Los Angeles, AFP, Washington, Kingston , Pennsylvania, Chicago, , American City, American, Lower Manhattan, New York City, Brazilian, Detroit
A New Mexico assistant director fell into deep depression and took his life. Crew members rallied to help one another and charities pitched in during the writers strike that began May 2 and ended in late September, and the actors strike that started in July. "The actors and writers are getting a lot of publicity but the crews are the collateral damage of the strikes," said Lori Rubinstein, executive director of mental health charity Behind the Scenes. Crew members lost health insurance and broke into retirement funds. In Albuquerque, assistant director Anthony Pelot, 37, who worked on sets with Bufalino for 14 years, grieved the loss of his best friend.
Persons: Mike Blake, Lori Rubinstein, Rubinstein, Pam Rosen, Joe Bufalino, Rosen, Jennifer Jorge, Jorge, MPTF, I'd, Sean, we've, Chris, Van Dunk, Gwen Roach, Roach, Anthony Pelot, Joe, Pelot, Andrew Hay, Donna Bryson, Sandra Maler Organizations: Writers Guild of America, Disney Studios, REUTERS, Rights, New, Reuters, Television Fund, Canada's AFC, Entertainment, Thomson Locations: Burbank , California, U.S, Rights ALBUQUERQUE, New Mexico, Toronto, York, California, California , New York, Atlanta, New York, Albuquerque
LOS ANGELES (AP) — The Daytime Emmys are back on after being postponed by the Hollywood writers' strike. The Daytime Emmys, originally set for June 16, were postponed in May because of the strike by the Writers Guild of America. The actors union joined the writers' strike on July 14 and ended their labor action late Wednesday. Soap actor Susan Lucci will receive her lifetime achievement award at the ceremony at the Westin Bonaventure hotel in downtown Los Angeles. Political Cartoons View All 1240 Images___For more coverage of the actors and writers strike, visit: https://apnews.com/hub/hollywood-strikes/
Persons: Kevin Frazier, Nischelle Turner, Susan Lucci, , Adam Sharp Organizations: ANGELES, Hollywood, CBS, Paramount, “ Entertainment, Writers Guild of America, Westin Bonaventure, National Academy of Television Arts & Sciences Locations: Los Angeles, hollywood
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
Actors secured these new safeguards as part of a deal announced late on Wednesday, according to Duncan Crabtree-Ireland, chief negotiator for the SAG-AFTRA actors union. The proposed agreement sets a minimum compensation level for AI uses, Crabtree-Ireland said. Crabtree-Ireland said the proposed contract also included safeguards around the use of generative AI to create synthetic actors. "They are being ultra cautious," said Scott Mann, co-CEO and founder of Flawless, a company that uses AI for film dubbing and editing. Film and television writers also won protections around AI use after a five-month-long strike by the Writers Guild of America this year.
Persons: Duncan Crabtree, Carlos Osorio, Crabtree, Walt Disney, Scott Mann, Dawn Chmielewski, Lisa Richwine, Mary Milliken, Bill Berkrot Organizations: National, SAG, The, Toronto, Film, REUTERS, Actors, Reuters, Alliance, Television Producers, Walt, Warner Bros Discovery, Netflix, Technology, Writers Guild of America, Thomson Locations: Ireland, Toronto , Ontario, Canada, Crabtree, Hollywood, Los Angeles
NEW YORK (AP) — Once again, U.S. labor unions are flexing their muscles in the national spotlight. In Hollywood, the actors union reached a tentative deal with major studios late Wednesday to end a months-long strike. UNION RATES HAVE BEEN FALLING FOR DECADES. Only 6% of U.S. private-sector workers belong to unions today, a sliver of the 35% that were union members in 1953. That means that what worked in auto workers' labor campaign, for example, may not look the same or be possible in other industries.
Persons: , ” Alexander Colvin, , Eunice Han, Adam Seth Litwin, Litwin, Todd Vachon, Taft, Hartley, Vachon, Ronald Reagan, , haven't, John F, Kennedy, ” Vachon, Han, Colvin, ” Colvin, Creighton Organizations: Hollywood, Caesars Entertainment, MGM Resorts International, United Auto Workers, Detroit, Cornell University's School of Industrial and Labor Relations, Associated Press, Labor, University of Utah, Cornell University’s School of Industrial and Labor Relations, , Screen Actors, American Federation of Television, Radio Artists, Writers Guild of America, Rutgers School of Management, Labor Relations, AP, Bureau of Labor Statistics, National Labor Relations, Starbucks, Gallup Locations: U.S, Las Vegas, United States, Midwest
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,
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
Hollywood is poised to get back to workAfter months of strikes that shut down most of Hollywood, the end appears in sight. The SAG-AFTRA union that represents some 160,000 members tentatively agreed to a new contract with media giants that, if approved, will reinvigorate the $134 billion American movie and television business. Union members are hopeful that the deal will bring significant financial concessions that made SAG-AFTRA’s longest-ever strike worth it. But the changing economics of Hollywood may temper some gains, echoing the dilemma facing resurgent unions elsewhere in the country. Led by the actress Fran Drescher, of “The Nanny” fame, SAG-AFTRA took a maximalist negotiating approach that involved accusing studios of plutocracy and belittling their bosses.
Persons: Fran Drescher, , AFTRA Organizations: Hollywood, SAG, Writers Guild of America Locations: Hollywood, plutocracy
The 118-day work stoppage will end officially just after midnight, the SAG-AFTRA union said in a statement after its negotiating committee voted unanimously to support the deal. "We have arrived at a contract that will enable SAG-AFTRA members from every category to build sustainable careers," the union said. George Clooney and other A-list stars voiced solidarity with lower-level actors and had urged union leadership to reach a resolution. While WGA members returned to writing scripts in late September, the ongoing SAG-AFTRA work stoppage left many productions dark. It also led movie studios to delay big releases such as "Dune: Part 2" because striking actors could not promote them.
Persons: Jim Kulick, Mario Anzuoni, Fran Drescher, Walt Disney, I'm, Fanny Grande, It's, Jessica Payne, Rati Gupta, Anu, George Clooney, Lisa Richwine, Stephen Coates Organizations: SAG, Paramount Studios, REUTERS, Alliance, Television Producers, Walt, Netflix, Hollywood, CBS, Writers Guild of America, WGA, Milken, United Auto Workers, Detroit carmakers, Thomson Locations: Los Angeles , California, U.S, New York, Los Angeles, Los Angeles and New York, California
The Trade Desk shares plunged about 30% in after-hours trading on Thursday after the ad-tech company issued fourth-quarter revenue guidance that fell well short of analysts' estimates. A Trade Desk spokesperson told CNBC that guidance came "in slightly below consensus, largely because the transitory cautiousness from advertisers in certain verticals, such as U.S. auto and media/entertainment due to the strikes." The United Auto Workers launched targeted strikes at select facilities against the Detroit automakers beginning Sept. 15, and then expanded the stoppages. Trade Desk said third-quarter sales jumped 25% from $493 million a year earlier. Net income increased to $39 million, or 8 cents a share, from $16 million, or 3 cents, a year earlier.
Persons: Jeff Green, Green, Susan Li Organizations: LSEG, CNBC, United Auto Workers, Detroit, UAW, General Motors, Ford Motor, Guild of America, Trade, Meta, Comcast, Cisco Systems Locations: Israel
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