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is leading Democrats by over 20 points on “dealing with the economy.” So how is Joe Biden even still in this race? Second, the strongest argument for these other candidates was that Trump couldn’t beat Biden. But that’s becoming a harder and harder case to make — more because of Biden than Trump. And if Trump isn’t the nominee, he’ll quite possibly be acting to undermine whoever is the G.O.P. So it’s possible that Republicans are actually more likely to win the election if they nominate him than if they don’t.
Persons: Sarah Isgur, Joe Biden, they’d, Trump, Bruni, Sarah, you’re, Biden, Biden doesn’t, Nikki Haley, Ron DeSantis, Tim Scott, , he’ll Organizations: , Trump, Republicans, Trump couldn’t, Biden, Republican Locations:
CNBC Daily Open: Is tech the gift that keeps on giving?
  + stars: | 2023-09-27 | by ( Clement Tan | ) www.cnbc.com   time to read: +3 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. "I am not sure if the world is prepared for 7%," he told The Times of India in an interview. Leaders from the Writers Guild of America voted unanimously to end the strike on Wednesday. Under the agreement, AI cannot write or rewrite literary material and AI-generated material will not be considered source material.
Persons: Korea's Kospi, Jamie Dimon, Neel Kashkari, It's, Kamil Dimmich Organizations: CNBC, Nikkei, Dow Jones, JPMorgan Chase, Minneapolis Federal, Fed, Hollywood, Writers Guild of America, Writers, International Monetary Fund Locations: Asia, China, U.S, India, Hong Kong, Guyana, South America, it's
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/media/hollywood-studios-can-train-ai-models-on-writers-work-under-tentative-deal-aedae589
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/media/hollywoods-writers-emerge-from-strike-as-winnersfor-now-b6b002d3
Persons: Dow Jones
The New Moral Order Is Already Crumbling
  + stars: | 2023-09-26 | by ( Gerard Baker | ) www.wsj.com   time to read: +1 min
Gerry Baker is Editor at Large of The Wall Street Journal. His weekly column for the editorial page, “Free Expression,” appears in The Wall Street Journal each Tuesday. Mr. Baker previously served as Editor in Chief of The Wall Street Journal and Dow Jones from 2013-2018. Prior to that, Mr. Baker was Deputy Editor in Chief of The Wall Street Journal from 2009-2013. He was educated at Corpus Christi College, Oxford University, where he graduated in 1983 with a 1st Class Honors Degree in Philosophy, Politics and Economics.
Persons: Gerry Baker, , Baker, Dow Jones Organizations: Street, Fox Business Network, Street Journal, Dow, Financial Times, The, BBC, Corpus Christi College, Oxford University Locations: London
LOS ANGELES (AP) — The deal is made, the pickets have been suspended, and Hollywood's writers are on the verge of getting back to work after months on strike. Crucial steps remain for the writers, who technically remain on strike, and for other workers awaiting a return to production of new shows. Following the approval from the boards — which is likely — comes a vote from the writers themselves, whose timing is uncertain. That could prompt a delay of Tuesday's voting and has kept union leaders from sharing with writers the details of what nearly five months of striking and hardship has earned them. ___For more on the writers and actors strikes, visit: https://apnews.com/hub/hollywood-strikes/
Organizations: ANGELES, Writers Guild of America, Hollywood, Alliance, Television Producers, Screen, American Federation of Radio, Television Artists, SAG Locations: hollywood
Biden’s History-Making Walk on the Picket Line
  + stars: | 2023-09-26 | by ( Susan Milligan | Sept. | At P.M. | ) www.usnews.com   time to read: +6 min
Biden's presence at the event was historic and extraordinary: Both the White House and labor union experts said that a sitting president has never walked a picket line in support of striking workers. Presidents typically try to mediate when management and labor union disputes threaten to disrupt the economy. President Ronald Reagan in 1981 fired more than 11,000 striking air traffic controllers, delivering a major blow to the labor union movement. Trump also promised auto workers in Lordstown, Ohio, in 2017 that their plant would not close, so “don’t move. Biden's backing of electric vehicles has some auto union members worried they will lose their jobs in gasoline-powered auto plants, and Trump has exploited that concern to his advantage.
Persons: Joe Biden, Biden, you’ve, Ronald Reagan, It's, Erin Hatton, Donald Trump, Trump, Sean Fain, Ford, they're, Erik Loomis, Loomis, Hatton, Hattan Organizations: United Auto Workers, Ford, Big Three, White House, UAW, Motor Co, General Motors, Chrysler, University of Buffalo, Michigan, Trump, Anderson Economic Group, Gallup, Hollywood, Writers Guild of America, University of Rhode Locations: Michigan, Wayne County, Lordstown , Ohio, Michigan’s Macomb County, California, University of Rhode Island, Las Vegas
Striking WGA (Writers Guild of America) members picket with striking SAG-AFTRA members outside Paramount Studios on September 18, 2023 in Los Angeles, California. Hollywood writers and studios have finalized the language of a tentative contract that will lead to the end to a nearly 150-day labor strike. Union leaders "voted unanimously to lift the restraining order and end the strike as of 12:01 am PT/3:01 am ET on Wednesday, September 27th," the WGA said in a statement. Talks between the Writers Guild of America and the Alliance of Motion Picture and Television Producers, which includes top studios like Disney, Paramount, Universal and Warner Bros. The agreement also improved screenwriter compensation, writers' room minimums and renewed a $250,000 showrunner training program, among other items.
Organizations: WGA, Guild of America, SAG, Paramount Studios, Writers Guild of America, Alliance, Television Producers, Disney, Paramount, Universal, Warner Bros, Discovery, Writers Locations: Los Angeles , California
By Dawn Chmielewski and Lisa RichwineLOS ANGELES (Reuters) - The tentative deal Hollywood writers reached with the major studios and streaming services could serve as a template for actors, who have been on strike since mid-July. Writers and actors share common concerns, including the desire for higher pay and for curbs on the use of artificial intelligence (AI) in entertainment. The Writers Guild of America (WGA), which went on strike May 2, reached a tentative deal with studios Sunday. Negotiators for the SAG-AFTRA actors' union have not held talks with the Alliance of Motion Picture and Television Producers (AMPTP), which represents Walt Disney, Netflix and other studios, since this summer. As with writers, actors are looking for compensation that reflects the value they bring to streaming, specifically, in the form of revenue sharing.
Persons: Dawn Chmielewski, Lisa, Mel Shimkovitz, Walt Disney, AFTRA, Pedro Pascal, Bob Odenkirk, We're, Lisa Richwine, Rollo Ross, Miral Fahmy Organizations: ANGELES, Reuters, Guild of America, Netflix, WGA, SAG, Alliance, Television Producers, Entertainment Locations: Los Angeles
Slamming the tentative labor deal between Hollywood writers and studios, media mogul Barry Diller on Tuesday laid out his biggest bone of contention with generative artificial intelligence. "All we want to do is establish that there is no such thing as fair use for AI, which gives us standing." Generative AI and language-based model systems index entire bodies of work within their knowledge base, a violation of fair use, some argue. Altman, who also served on the Expedia board with Diller, testified before senators in May to discuss regulations on AI. Altman also said that Shutterstock was critical in the training of OpenAI's generative media AI, DALL-E.
Persons: Barry Diller, Diller, George R.R, Martin, Jodi Picoult, OpenAI, Diller isn't, that's, Sam Altman, Sam, Altman, " Altman, Shutterstock Organizations: Hollywood, IAC, Writers Guild, WGA, Alliance, Television Producers, Wall Street, CNBC
[1/2] Taylor Swift attends the 2023 MTV Video Music Awards at the Prudential Center in Newark, New Jersey, U.S., September 12, 2023. loading"Been so excited to tell you all that The Eras Tour concert film is now officially coming to theaters WORLDWIDE on Oct 13!" Previously, Swift had said the movie, called "Taylor Swift: The Eras Tour," would only be released in North America. Swift’s film is expected to collect between $96 million and $145 million at the domestic box office during its opening weekend, according to projections from Box Office Pro. On Nov. 1, 2022, Swift announced her Eras Tour— 53 shows played in stadiums across the United States.
Persons: Taylor Swift, Andrew Kelly, Swift, Walt Disney’s, Danielle Broadway, Lisa Richwine, Clare Trainor, Dea Bankova, Lisa Shumaker Organizations: Prudential Center, REUTERS, AMC Entertainment, Walt Disney’s Marvel, Star Wars, Thomson Locations: Newark , New Jersey, U.S, North America, Hollywood, United States
[1/2] SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line during their ongoing strike outside Warner Bros. The SAG-AFTRA agreement covering video game performers expired last November and has been extended on a monthly basis as the union negotiated with major video game companies. As earnings climbed, video game company staff beyond the performers covered by SAG-AFTRA have been unionizing for the first time this year. In July, Sega workers formed the largest multi-department video game union in the United States, after Microsoft's video game testers formed their first U.S. labor union in January. For video game performers, the union is also calling for more safety measures for motion capture performers, who wear markers or sensors on the skin or a body suit to help game makers create characters' movements.
Persons: Mario Anzuoni, Cissy Jones, Jones, Delilah, AFTRA, Audrey Cooling, Ashly Burch, Danielle Broadway, Donna Bryson Organizations: Writers Guild of America, Warner Bros ., REUTERS, Campo Santo, SAG, Hollywood, Guild of America, PlayStation, Sony, Sega, Disney, Activision, EA, Epic Games, Thomson Locations: Burbank , California, U.S, United States
CNN —The Hollywood writers strike is finally over after 148 days. Leaders of the Writers Guild of America have unanimously voted to authorize its members to return to work following the tentative agreement reached Sunday between union negotiators and Hollywood’s studios and streaming services, effectively ending the months-long strike that has paralyzed the industry. This allows writers to return to work during the ratification process, but does not affect the membership’s right to make a final determination on contract approval,” the WGA wrote online. Most writers’ minimum pay will increase 5% immediately, another 4% in May 2024 and then another 3.5% in May 2025. Bill Maher, who said he would return to air during the writers strike before backing off that pledge, announced Tuesday his show would officially come back Friday.
Persons: , , Bill Maher Organizations: CNN, Hollywood, Writers Guild of America, WGAE, WGA, SAG, Netflix, Disney
Biden will join the striking United Auto Workers on the picket line — a first for any president. Trump, like Biden, will also head to Detroit and hold an event to garner support for his 2024 run. Many unions have endorsed Biden but blue-collar workers are split on who they're voting for. "He is pro-UAW, he is pro-workers, that is this president," White House press secretary Karine Jean-Pierre said Monday. She said it was "great that we have a president who wants to support local unions and the working class."
Persons: Biden, Trump, , Joe Biden's, Franklin Delano Roosevelt, Harry Truman, Theodore Roosevelt, Roosevelt, Donald Trump, autoworkers, Erik Loomis, Matt Rourke Biden, Gallup, Julie Chavez Rodriguez, Cesar Chavez, President Trump, Joe Biden, Jason Miller, Shawn Fain, Karine Jean, Pierre, Carolyn Nippa, Nippa, Dave Ellis, he's, Ellis, Gene Sperling, Julie Su Organizations: United Auto Workers, Service, Republican, Democratic, The, University of Rhode, UAW, White, General Motors, Associated Press, United Farm Workers, Biden, Trump, Labor Locations: Detroit, Las Vegas, The Palms, University of Rhode Island, California, Hollywood, Pennsylvania, Michigan, Palestine, Ohio, Van Buren Township , Michigan, Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBarry Diller on Hollywood writers' strike, streaming economy and media landscapeBarry Diller, IAC and Expedia chairman and senior executive, joins 'Squawk Box' to discuss the end of the Hollywood writers' strike, the media landscape at large, A.I. revolution & the impact on entertainment, and much more.
Persons: Barry Diller Organizations: Hollywood, IAC
The high-profile contract fights have played out across the country, just as public opinion has been turning more in favor of organized labor. UPSThe union representing more than 325,000 UPS workers, the International Brotherhood of Teamsters, spent months negotiating a new contract with the company. The workers’ key demands included better pay for part-time workers, whom the company relies on heavily during busy periods, and improved heat safety. The work stoppage has grown in scope since, with the union expanding its strike to include spare-parts distribution centers for G.M. has pointed to growth in profits and chief executive compensation in making its demands for improved compensation for its members.
Persons: they’ve, , Shawn Fain Organizations: United Automobile Workers, SAG, Writers Guild of America, International Brotherhood of Teamsters, Gallup, Bureau of Labor Statistics, Hollywood, Guild of America, UPS, United Auto Workers, U.S, — Ford, General Motors, Teamsters Locations: Hollywood, Staten
WASHINGTON (AP) — With a government shutdown five days away, Congress is moving into crisis mode as Speaker Kevin McCarthy faces an insurgency from hard-right Republicans eager to slash spending even if it means curtailing federal services for millions of Americans. Against the mounting chaos, President Joe Biden warned the Republican conservatives off their hardline tactics, saying funding the federal government is “one of the most basic fundamental responsibilities of Congress." Political Cartoons View All 1179 Images“We made a deal, we shook hands, and said this is what we’re going to do. With five days to go before Saturday's deadline, the turmoil is unfolding as House Republicans hold their first Biden impeachment inquiry hearing this week probing the business dealings of his son, Hunter Biden. With just days remaining before a shutdown, several of the holdouts say they will never vote for any stopgap measure to fund the government as they push for Congress to engage in the full-scale debate.
Persons: Kevin McCarthy, it's, McCarthy, Joe Biden, Biden, reneging, ” Biden, , , Donald Trump, retakes, Hunter Biden, ” Trump, ” McCarthy, Let’s, Marjorie Taylor Greene, Trump, Ken Buck, Buck, he's, ” Buck, Volodymyr Zelenskyy, Matt Gaetz, ” Gatez, “ I’m, McCarthy “, Seung Min Kim, Kevin Freking, Mary Clare Jalonick Organizations: WASHINGTON, Senate, Republicans, Trump, Biden, Capitol, Defense, Homeland Security, Agriculture, Foreign, Republican, Democratic, Ukraine, Washington, Russia, Fox, White, Office of Management, Budget, Associated Press Locations: Ukraine, U.S, , State, Florida
They gave everything from their pensions on, and they saved the automobile industry,” Biden said Monday from the White House. Biden is also leaning in on his union support at a time when labor enjoys broad support from the public, with 67% of Americans approving of labor unions in an August Gallup poll. White House officials dismissed the notion that Trump forced their hand and noted that Biden was headed to Michigan at the request of UAW President Shawn Fain, who last week invited the sitting president to join the strikers. “He is pro-UAW, he is pro-workers, that is this president,” White House press secretary Karine Jean-Pierre said Monday. Dave Ellis, who stocks parts at the distribution center, said he’s happy Biden wants to show people he’s behind the middle class.
Persons: Joe Biden’s, Franklin Delano Roosevelt, Harry Truman, Theodore Roosevelt, Roosevelt, Biden, , , Erik Loomis, , ” Biden, Donald Trump, Gallup, Trump, President Trump, Joe Biden, Jason Miller, Shawn Fain, Karine Jean, Pierre, Carolyn Nippa, ” Nippa, “ I’m, Dave Ellis, he’s, Ellis, Gene Sperling, Julie Su, ___ Krisher, Jill Colvin Organizations: WASHINGTON, United Auto Workers, Democratic, The, University of Rhode, UAW, White, Republican, Biden, , Trump, Labor, Associated Press Locations: Las Vegas, The Palms, University of Rhode Island, Detroit, California, Hollywood, Michigan, Pennsylvania, Palestine, Ohio, Van Buren Township , Michigan, Washington, Summerville , South Carolina
Hollywood Writers End Strike After Reaching Deal With Studios
  + stars: | 2023-09-26 | by ( ) www.wsj.com   time to read: 1 min
Inside the Company Minting the Next Generation of Child StarsPocket.watch, a digital-media company in Culver City, Calif., wants to be ‘the Nickelodeon of the future,’ its CEO says. WSJ’s Chavie Lieber explains how the company identifies and then signs YouTube’s biggest kid creators and then works to create new shows and distribution deals with streaming giants. Zoe Thomas hosts. Photo: Pat Martin for WSJ Magazine
Persons: WSJ’s Chavie Lieber, Zoe Thomas, Pat Martin Organizations: Nickelodeon, WSJ Magazine Locations: Culver City, Calif
Sept 26 (Reuters) - Hollywood studios are expected to retain the right to train artificial-intelligence models based on writers' work under the terms of a tentative labor agreement between the two sides, the Wall Street Journal reported on Tuesday, citing people familiar with the situation. The writers would also walk away with an important win, a guarantee that they will receive credit and compensation for work they do on scripts, even if studios partially rely on AI tools, according to the report. Entertainment executives didn't want to relinquish the right to train their own AI tools based on TV and movie scripts, since their understanding is that AI tech platforms already are training their own models on such materials, the WSJ reported. The WGA, which represents roughly 11,500 film and television writers, reached a preliminary three-year deal with major studios on Sunday. Their demands are similar to that of writers, including higher wages and protection against AI use.
Persons: didn't, Samrhitha, Shounak Dasgupta Organizations: Wall Street, Entertainment, Guild of America, Alliance, Television Producers, WGA, Thomson Locations: California, Hollywood, Bengaluru
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with IAC and Expedia chairman Barry DillerBarry Diller, IAC and Expedia chairman and senior executive, joins 'Squawk Box' to discuss the end of the Hollywood writers' strike, the media landscape at large, A.I. revolution & the impact on entertainment, and much more.
Persons: Barry Diller Barry Diller Organizations: IAC, Hollywood
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBarry Diller on A.I. : The next thing to pay attention to is 'when it goes from research to action'Barry Diller, IAC and Expedia chairman and senior executive, joins 'Squawk Box' to discuss the end of the Hollywood writers' strike, the media landscape at large, A.I. revolution & the impact on entertainment, and much more.
Persons: Barry Diller Organizations: IAC, Hollywood Locations: A.I
After voting closed on Monday, the SAG-AFTRA union said 98.32% of those who cast ballots had voted in favor of authorizing a strike. The writers union reached a preliminary labor agreement with major studios on Sunday. The SAG-AFTRA agreement covering video game performers expired last November and has been extended on a monthly basis as the union negotiated with major video game companies. In particular with AI, because right now there aren’t any protections,” Ashly Burch, “Horizon Zero Dawn” video game voice actor, told Reuters. The union will be negotiating with large video game companies, including Activision Blizzard (ATVI.O), Electronic Arts (EA.O), Epic Games, Formosa Interactive and others.
Persons: Mike Blake, ” Ashly Burch, Burch, AFTRA, , Audrey Cooling, Danielle Broadway, Himani Sarkar, Michael Perry Organizations: REUTERS, SAG, Hollywood, Guild of America, Reuters, Activision, Electronic Arts, Epic, Formosa Interactive, Thomson Locations: Los Angeles , California, U.S, Hollywood
The Directors Lab, which goes back 40 years and claims graduates from Quentin Tarantino and Gina Prince-Bythewood to Ryan Coogler to Chloe Zhao, is a supercharged accelerator for new filmmakers. Rashad Frett, right, a member of the 2023 Directors Lab, speaks with Michelle Satter, founding director of the Sundance Institute's Feature Film Program. It's a 20-minute short that screened at the Sundance Film Festival in January; Fretts' time at the Directors Lab was devoted to developing it into a feature, filming multiple scenes. But it took a few tries before his application to join the Directors Lab was successful, he said. Rashad Frett works on his short film "Ricky" during this year's Directors Lab, conducted by the Sundance Institute.
Persons: Rashad Frett, Frett, Quentin Tarantino, Gina Prince, Bythewood, Ryan Coogler, Chloe Zhao, Michelle Satter, who's, Sciences Jean Hersholt, Angela Bassett, Mel Brooks, Carol Littleton, Satter, , Jonathan Hickerson, he'd, Spike Lee, Ricky, Lin Que Ayoung, It's, Fretts, Sam Emenogu, Joan Darling, Joan Tewkesbury, it's, he's, Reed Alexander Organizations: Army, Sundance, Labs, Hollywood, of Motion Picture Arts, Sciences, New York University, NYU, Sundance Film, Lab, Sundance Institute Locations: New York, Sundance, Utah, New, Hollywood
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 RightsSept 25 (Reuters) - Big media companies gave up early share gains from hopes of an end to screenwriters' strike on Monday as focus shifted to an ongoing strike by actors, whose resolution is crucial for a full return to work in Hollywood. But a strike by a larger guild of actors is still on. Nearly 160,000 film and television actors, stunt performers and other media professionals walked off the job in July, demanding higher wages and protection against artificial intelligence use. Its shares have dropped nearly 14% since the writers' strike started on May 2, while Paramount, Disney and Netflix have lost between 20% and 45%.
Persons: Mike Blake, Walt Disney, Susannah Streeter, Hargreaves Lansdown, WBD, David Zaslav, Rosenblatt, Barton Crockett, Yuvraj Malik, Zaheer Kachwala, Arun Koyyur Organizations: Writers Guild of America, Disney Studios, REUTERS, Big, Warner Bros Discovery, Paramount Global, Hargreaves, Paramount, Disney, Netflix, Media, Thomson Locations: Burbank , California, U.S, Hollywood, Bengaluru
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