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ELLEN STUTZMANEllen Stutzman was the one sitting across the table from Lombardini in the failed negotiations that led to the writers strike. Stutzman, also an attorney, took over as chief negotiator for the Writers Guild on Feb. 28, just two weeks before contract talks began. She still has the title from her previous role: assistant executive director for the Writers Guild of America West. Drescher's less-known counterparts on the writers' side — technically two unions that unite for negotiations and strikes — are Michael Winship and Meredith Stiehm. Winship is president of the Writers Guild of America East and Stiehm president of its counterpart in the West.

Persons: ”, CAROL LOMBARDINI, Carol Lombardini, she’s, ELLEN STUTZMAN Ellen Stutzman, David Young, Stutzman, ” Stutzman, “, Lombardini, Bob Iger, David Zaslav, Ted Sarandos, Iger, Sarandos, “ Lilyhammer, Max, FRAN DRESCHER Fran Drescher, Drescher, she's, ” Drescher, Michael Winship, Meredith Stiehm, Winship, Stiehm, He's, Lisa Takeuchi Cullen, DUNCAN CRABTREE, Duncan Crabtree, Crabtree, Davis, ” Crabtree, I’d, Krysta Fauria, Damian Dovarganes Organizations: ANGELES, —, Hollywood, Alliance, Television Producers, University of Chicago, Stanford, Writers, Writers Guild of America, AP, WGA, School of Industrial and Labor Relations, Cornell University, Service Employees International Union, United Healthcare Workers, Writers Guild, Disney, Warner Bros . Discovery, Netflix, Warner, HBO, Screen, American Federation of Television, SAG, Associated Press, Yorkers, CBS, PBS, Sesame, AFTRA's, Georgetown, University of California Locations: Hollywood, Lombardini, Boston, Queens , New York, IRELAND, Ireland, Memphis, London, Dallas, Crabtree, Los Angeles

NEW YORK (AP) — John Grisham, Jodi Picoult and George R.R. Martin are among 17 authors suing OpenAI for “systematic theft on a mass scale,” the latest in a wave of legal action by writers concerned that artificial intelligence programs are using their copyrighted works without permission. “Great books are generally written by those who spend their careers and, indeed, their lives, learning and perfecting their crafts. The online giant is now asking writers who want to publish through its Kindle Direct Program to notify Amazon in advance that they are including AI-generated material. Amazon is also limiting authors to three new self-published books on Kindle Direct per day, an effort to restrict the proliferation of AI texts.

Persons: — John Grisham, Jodi Picoult, George R.R, Martin, OpenAI, David Baldacci, Sylvia Day, Jonathan Franzen, Elin Hilderbrand, Mary Rasenberger, Direwolves, Michael Chabon, David Henry Hwang, ”, Sarah Silverman, Paul Tremblay, “ Organizations: Authors, Amazon, Kindle Locations: New York, U.S, San Francisco, California

A keyboard is placed in front of a displayed OpenAI logo in this illustration taken February 21, 2023. In addition to Microsoft-backed (MSFT.O) OpenAI, similar lawsuits are pending against Meta Platforms and Stability AI over the data used to train their AI systems. Other authors involved in the latest lawsuit include "The Lincoln Lawyer" writer Michael Connelly and lawyer-novelists David Baldacci and Scott Turow. The complaint said ChatGPT generated accurate summaries of the authors' books when prompted, indicating that their text is included in its database. It also cited growing concerns that authors could be replaced by systems like ChatGPT that "generate low-quality ebooks, impersonating authors and displacing human-authored books."

Persons: Dado Ruvic, OpenAI, John Grisham, Jonathan Franzen, George Saunders, Jodi Picault, George R.R, Martin, Michael Connelly, David Baldacci, Scott Turow ., Mary Rasenberger, Blake Brittain, David Bario, Daniel Wallis Organizations: REUTERS, Microsoft, Authors, Meta, Lincoln, Thomson Locations: Manhattan, Washington

☆ Disney’s theme parks reveal shrunken treasure
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

Acquire Licensing RightsNEW YORK, Sept 20 (Reuters Breakingviews) - Bob Iger can’t get off the roller coaster. Walt Disney’s (DIS.N) chief executive plans to double the Magic Kingdom’s investment in theme parks and other experiences to $60 billion over the course of about 10 years. On the other, Disney’s dwindling cash and the increasing demands for it is cause for concern. One issue is that Disney’s free cash flow has plummeted. No wonder adding theme parks to the list is making shareholders skittish.

Persons: Bob Iger can’t, Walt Disney’s, Iger, Jennifer Saba, Bernie Sanders’s, Jeffrey Goldfarb, Sharon Lam Organizations: Writers Guild of America, Walt Disney Studios, Reuters, Disney, Comcast, Pearson’s, Thomson Locations: Burbank , California, U.S, Hulu

The meeting, notably, took place on the sidelines of the United Nations General Assembly rather than the White House, where Biden will host Ukraine President Volodymyr Zelensky later this week. I’ve sort of made that clear,” Biden told reporters in March. Biden also set to meet Brazil’s PresidentBiden is also set to hold a bilateral meeting with Brazilian President Lula da Silva, with whom he’ll also participate in a labor-focused event. In the meeting with Lula, the two leaders will announce an international partnership for workers’ rights, a senior administration official told CNN. And while the partnership is beginning as a bilateral partnership, officials left the door open for additional countries signing on.

Persons: Joe Biden, Benjamin Netanyahu, Biden, ” Biden, there’s, Netanyahu, “, Volodymyr Zelensky, Israel, I’m, ”, Lula da Silva, he’ll, Lula, Per, Jair Bolsonaro, Ram Organizations: CNN, Israeli, United Nations, Assembly, “, Biden, Brazil’s, White, United Auto Workers, General Motors, Ford, Chrysler, Dodge, Starbucks, UN Locations: New York, Iran, Israel, Saudi Arabia, Washington, ” Israel’s, DC, Brasilia, Ukraine

☆ ‘Everything Everywhere’ Oscar winner Ke Huy Quan on Asia's 'huge influence' on how Hollywood stories are told
▼ + stars: | 2023-09-20 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +3 min

Ke Huy Quan at the TIME100 Impact Awards on September 17, 2023 in Singapore. Those were the words that Oscar winner Ke Huy Quan uttered during his acceptance speech at the Academy Awards in March. Quan won the Oscar for best supporting actor for his role in "Everything Everywhere All at Once," making him only the second actor of Asian descent to win in this category. Mike Coppola | Getty Images Entertainment | Getty Images"Everything Everywhere All at Once" dominated the Oscars this year, clinching seven awards including best picture, best actress, best director, best editing, best supporting actor, best supporting actress and best original screenplay. Since May, Hollywood writers have been on the picket lines protesting for better wages, benefits and stronger job security.

Persons: Huy Quan, Matt Jelonek, Ke Huy Quan, Quan, Oscar, Mike Coppola, Michelle Yeoh, We're, we're, Mario Tama Organizations: Getty, Academy, Milken Institute Asia Summit, Hollywood, —, Writers Guild of America, SAG, Alliance, Television Producers, Guild of America, Television Locations: Singapore, American, Hollywood, Hollywood , California

But the Fearless Fund is a tiny player in the approximately $200 billion global venture capital market. Less than 1% of venture capital funding goes to businesses owned by Black and Hispanic women, according to the nonprofit advocacy group Digitalundivided. The lawsuit against the Fearless Fund was filed by Edward Blum, the conservative activist who filed the affirmative action cases before the Supreme Court. Fearless Fund has invested more than $2 million in Thirteen Lune, founded by Nyako Griego. The combined share of venture capital funding received by Black and Latina founders briefly surpassed 1% in 2021 before dipping back below that threshold in 2022, according to Digitalundivided.

Persons: ”, Arian Simone, it's, Simone, ” Simone, Fearless, Edward Blum, Blum, ” Blum, Ben Crump, Marc Rosen, Thirteen, Sephora, Kohl's, Rosen, They’re, ” Rosen, Nyako Griego, George Floyd, Morgan Chase, Associated Press Retail Writers Anne D'Innocenzio, Haleluya Hadero Organizations: Fearless Fund, Black, Associated Press, Civil, American Alliance, Equal, AP, Fund, Court, Latina, Bank of America, Mastercard, Associated Press Retail Writers Locations: Atlanta, Texas, Florida, U.S, Lune

☆ Hollywood chiefs and writers to resume negotiations Thursday after attendees ‘encouraged’ by talks
▼ + stars: | 2023-09-20 | by ( Oliver Darcy | ) edition.cnn.com time to read: 1 min

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The Authors Guild lawsuit is the latest in a series brought by writers against OpenAI. “It knew everything, and that’s when I got a bad feeling.”A representative for OpenAI did not immediately respond to a request for comment. Since OpenAI introduced ChatGPT in November, authors, publishers and retailers have been trying to rein in the rampant and increasingly disruptive incursion of A.I. Amazon has taken steps to monitor and curb the influx of A.I.-generated books. to its customers, but it may do so in the future, according to an Amazon representative.

Persons: David Baldacci, Jodi Picoult, George R.R, Martin, George Saunders, Michael Connelly, Douglas Preston, ChatGPT, “, ‘, ”, OpenAI Organizations: OpenAI, York Mycological Society Locations: A.I

☆ Inflation Will Continue Until Morale Improves
▼ + stars: | 2023-09-19 | 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

SACRAMENTO, Calif. (AP) — California lawmakers, union leaders and truck drivers are trying to steer Democratic Gov. Gavin Newsom toward signing into law a proposal that could save jobs as self-driving trucks are tested for their safety on the roads. Businesses say self-driving trucks would help them transport transport products more efficiently in the future. In Phoenix, companies have tested self-driving trucks on highways and to deliver mail through a partnership with the U.S. There are about 200,000 commercial truck drivers in California, according to Teamsters officials.

Persons: Gavin Newsom, Republican Assemblymember Tom Lackey, aren't, ” Lackey, ”, Newsom, Dee Dee Myers, Mike Di Bene, Brian Rice, ” Rice, Jerry Brown, Assemblymember Cecilia Aguiar, Curry, Steve Gordon, Gordon, ___ Sophie Austin, Austin @sophieadanna Organizations: Democratic Gov, Republican, administration’s Department of Finance, Business, Economic, state's Department of Motor Vehicles, U.S . Postal, Drivers, International Brotherhood of Teamsters, Oakland Teamsters, California Professional Firefighters, ” Labor, Hollywood, Department of Motor Vehicles, DMV, Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California, “, San Francisco, Phoenix, Sacramento

☆ Strike Is a High-Stakes Gamble for Autoworkers and the Labor Movement
▼ + stars: | 2023-09-19 | by ( Noam Scheiber | More About Noam Scheiber | ) www.nytimes.com time to read: +1 min

Since the start of the pandemic, labor unions have enjoyed something of a renaissance. They have made inroads into previously nonunion companies like Starbucks and Amazon, and won unusually strong contracts for hundreds of thousands of workers. Last year, public approval for unions reached its highest level since the Lyndon Johnson presidency. Strikes by railroad workers and UPS employees, which had the potential to rattle the U.S. economy, were averted at the last minute. The strike by the United Automobile Workers, whose members walked off the job at three plants on Friday, is shaping up to be such a test.

Persons: Lyndon Johnson, haven’t, ’, Ram — Organizations: United Automobile Workers, —, Motors, Ford, Chrysler, Jeep Locations: Southern California, U.S

☆ Hollywood is bracing for a 'land grab' for production studios and a scramble to restart films and TV shows once the strikes end
▼ + stars: | 2023-09-19 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Some Hollywood studios have long-term leases in place at soundstages and can control what they film and when, but most producers book stages for specific productions. And until the strikes are resolved, it's difficult to plan ahead, so most productions are waiting to move forward. But several high-level studio execs, studio investors, and producers told Insider the gears are starting to turn, with some productions beginning scenario planning. Of course, no one's expecting spending on new entertainment to be what it once was once the strikes end. Some projects were ready to start production, with sets already built, or were in mid-production on a TV series.

Persons: that's, Elsa Ramo, Ramo, Hal Rosenbluth, he's, Atlanta's, Steve Greenberg, Christian Simonds, Reed Smith, they'll, Rosenbluth, it's, They're, Alison Brower Organizations: Hollywood, Guild of America, Alliance, Television Producers, SAG, Kaufman Astoria Studios, New York's, Netflix, Warner Bros, Wall Locations: soundstages, Hollywood, New

Loved ones, some holding small American flags, enveloped them in hugs and exchanged greetings in English and Farsi, the main language of Iran. Iranian Foreign Ministry spokesman Nasser Kanaani said two of the Iranian prisoners will stay in the U.S. Meanwhile, Nour News, a website believed to be close to Iran’s security apparatus, said two of the Iranian prisoners were in Doha for the swap. In his statement, Biden demanded more information on what happened to Bob Levinson, an American who went missing years ago. The Biden administration also announced fresh sanctions on former Iranian President Mahmoud Ahmadinejad and the Iranian Ministry of Intelligence.

Persons: Joe Biden, Siamak Namazi, ”, Babak, Baquer, “, Biden, Iran’s, Ebrahim Raisi, ” Raisi, — Siamak, Emad, Tahbaz —, Timmy Davis, Namazi, Effie Namazi, Vida Tahbaz, Nasser Kanaani, Nour, Mehrdad Ansari, Reza Sarhangpour Kafrani, Donald Trump, Mitch McConnell, ” Biden, Bob Levinson, Mahmoud Ahmadinejad, Neda, ___ Gambrell, Jo, Nasser Karimi, Amir Vahdat, Matthew Lee, Paul Haven, Aamer Madhani, Michelle Phillips, Eric Tucker, Farnoush Amiri Organizations: WASHINGTON, Republican, Democratic, United Nations General Assembly, U.S, South, Iranian Foreign Ministry, Nour News, Mideast, Social, Iranian Ministry of Intelligence, Embassy, Associated Press Locations: Iran, Fort Belvoir , Virginia, Tehran, Doha, Qatar, New York, America, Persian, U.S, Strait, Hormuz, United States, South Korea, Iranian, Korea, Islamic Republic, American, British, Dubai, United Arab Emirates, Washington

☆ Drew Barrymore, Bill Maher Delay Return of Their Shows After Backlash
▼ + stars: | 2023-09-18 | by ( Ginger Adams Otis | Joe Flint | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, barrymore

NEW YORK (AP) — President Joe Biden's reelection campaign is getting some big-name fundraising help Monday from Broadway’s top stars. Both Biden and first lady Jill Biden will attend the event, with tickets ranging from $250 to $7,500. Since at least Bill Clinton, Democratic presidents have cultivated intimate ties with powerful figures in the Hollywood entertainment industry. Biden himself raised roughly $1 million during an early 2020 campaign fundraiser at the home of Michael Smith and James Costos, a former HBO executive. That event was attended by former DreamWorks co-founder Jeffrey Katzenberg, now a Biden campaign co-chair.

Persons: Joe Biden's, Biden, Sara Bareilles, Lin, Manuel Miranda, Ben Platt, Jill Biden, Bill Clinton, Michael Smith, James Costos, Jeffrey Katzenberg, Katzenberg, “ Joe Biden, ”, Chris Korge, “, tycoons, Mickey Kantor, “ It’s, ” Biden, Donald Trump ’, Trump, Annaleigh Ashford, Alex Edelman, Josh Gad, Christopher Jackson, LaChanze, Ruthie Ann Miles, Leslie Odom Jr, Andrew Rannells, Aaron Tveit, Betsy Wolfe, Thomas Kail, Alex Lacamoire, Andy Blankenbuehler, Benj Pasek, Justin Paul, Amanda Green, ___ Slodysko Organizations: Writers Guild of America, SAG, Hollywood, Actors ’ Equity Association, General, Democratic Party, Democratic, HBO, DreamWorks, Biden, Democratic National Committee, Fund, White, GOP Locations: U.S, Manhattan, New York, Southern California, Hollywood, Los Angeles, California, LA, Washington

☆ Hollywood writers have galvanized each other and the public on their side amid strike: Matt Belloni
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHollywood writers have galvanized each other and the public on their side amid strike: Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the latest in Hollywood strikes, the backlash facing 'The Drew Barrymore Show' as it reversed its initial decision to resume airing during the strike, the state of negotiations, and more.

Persons: Matt Belloni Matt Belloni, Puck, Drew Barrymore Organizations: Hollywood

LOS ANGELES (AP) — ABC will be airing more “Monday Night Football” games than originally planned. An additional 10 games originally set to appear only on ESPN will be simulcast on ABC. Last Monday's game between the New York Jets and Buffalo Bills averaged 22.6 million viewers on ESPN, ABC, ESPN2 and ESPN Deportes. New York’s 22-16 overtime victory was the most-watched Monday night game since ESPN took over the package in 2006. Political Cartoons View All 1167 ImagesThe move also means that ABC has a game all 18 weeks of the regular season along with simulcasts of two playoff games.

Persons: ___ Organizations: ANGELES, ABC, Football, ESPN, Writers Guild of America, Screen, American Federation of Television, Radio Artists, Alliance, Television Producers, Disney, Netflix, NFL, Cleveland Browns, Pittsburgh Steelers —, New York Jets, Buffalo Bills, ESPN2, ESPN Deportes, New

U.S. consumers have cut back on spending this year, and they plan to continue to do so through the holidays, a new CNBC-Morning Consult survey has found. The vast majority of adults (92%) have reduced their spending over the past six months, according to a poll fielded on behalf of CNBC by Morning Consult, a company that conducts survey research to inform decision-making. Consumers remain cautious in their spending and they're being more discerning about where and when to part with hard-earned cash. The most common categories for spending cuts over the past six months were clothing and apparel (63%), restaurants and bars (62%), and entertainment outside the house (56%), a pattern that held steady from our June survey. The next biggest categories for cuts were groceries (54%), recreational travel and vacations (53%) and electronics (50%.)

Organizations: CNBC, Morning Locations: Detroit, Hollywood

☆ Striking unions impacting the economy at a level not seen in decades
▼ + stars: | 2023-09-18 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

watch nowThe auto workers' strike is the latest in a series of labor-management conflicts that economists say could start having significant growth impacts if they persist. So far, the United Auto Workers stoppage has impacted just a small portion of the workforce with limited implications for the broader economy. United Auto Workers (UAW) members on a picket line outside the Stellantis NV Toledo Assembly Complex in Toldeo, Ohio, on Monday, Sept. 18, 2023. August alone saw some 4.1 million labor hours lost this year, the most for a single month since August 2000, according to the Labor Department. Year to date, there have been 7.4 million hours lost, compared to just 636 hours total for the same period in 2022.

Persons: Ian Shepherdson, Emily Elconin, Shepherdson, Doris Dear, John Nacion, Joseph Brusuelas, Brusuelas, Biden, Janet Yellen, CNBC's Sara Eisen Organizations: United Auto Workers, Labor Department statistics, Pantheon, UAW, Stellantis NV, Bloomberg, Getty, Big Three, Ford, GM, Federal Reserve, Labor, Labor Department, HBO, National Union Solidarity, Writers Guild of America, Screen Actors Guild, University of Michigan, RSM, York Fed Locations: Stellantis NV Toledo, Toldeo , Ohio, U.S, New York City, John, Los Angeles, California , Oregon, Washington, York

☆ 'Harry Potter' audiobook narrator Stephen Fry said AI was used to steal his voice, and warned that convincing deepfake videos of celebrities will be next
▼ + stars: | 2023-09-18 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Actor Stephen Fry issued a warning about AI cloning his voice at the CogX Festival on Thursday. Fry said his readings of the "Harry Potter" audiobooks were input into an AI and used to create new audio. Fry said it won't be long before AI is used to create "deepfake videos" of actors without consent. "They used my reading of the seven volumes of the Harry Potter books, and from that dataset, an AI of my voice was created, and it made that new narration." "It won't be long until full deepfake videos are just as convincing," he said.

Persons: Stephen Fry, Fry, Harry Potter, Duncan Crabtree Ireland, Henry Ajder Organizations: Service, Fortune, SAG, Meta's Reality Labs Locations: Wall, Silicon

☆ Writers union will resume strike negotiations with studios this week
▼ + stars: | 2023-09-18 | by ( Drew Richardson | ) www.cnbc.com time to read: +2 min

Members of the Writers Guild of America East are joined by SAG-AFTRA members as they picket at the Warner Bros. The Writers Guild of America said Monday that the union will resume negotiations with Hollywood studios on Wednesday as a shutdown of productions across the TV and movie business drags on. The union told its members to continue joining picket lines as the talks resume. In a first for visual effects workers, Marvel Studios VFX artists voted unanimously last week to join the International Alliance of Theatrical Stage Employees union. Elsewhere, actor Drew Barrymore and comedian Bill Maher faced widespread criticism when they announced the return of their talk shows despite the WGA strike.

Persons: Drew Barrymore, Bill Maher, Barrymore, Maher Organizations: Writers Guild of America, SAG, Warner Bros, Discovery, The, Guild of America, Hollywood, WGA, Alliance, Television Producers, Marvel Studios, International Alliance, Employees, Marvel, Disney Locations: New York City, Hollywood

☆ The Talk Shows Have Labor Pains
▼ + stars: | 2023-09-18 | by ( James Poniewozik | More About James Poniewozik | ) www.nytimes.com time to read: +2 min

But as this year’s strike went on, the guild and its vocal supporters made clear that any hosts restarting their shows during this walkout would not be showered with likes. members have said that something like his return to air would today be considered strikebreaking because airing the show inevitably involves creative work that constitutes writing. The producers of today’s returning talk shows, of course, disagree. Regardless, I don’t think today’s backlash is the result of contract wording or a philosophical shift on the nature of the scribe’s craft. (David Letterman returned to air with a full staff because his production company, Worldwide Pants, struck its own deal with the writers.)

Persons: Conan O’Brien’s, NBC’s, ’, O’Brien, ”, —, today’s, peck, Ellen DeGeneres, Jay Leno, David Letterman, Jon Stewart, aughts iconhood Organizations: Gallup Locations: Kentucky, America

Unions have nowhere near the pull, or members, that they did decades ago, yet something has changed. Fain became president of United Auto Workers this year, but his time with the union began at that then-Chrysler plant in 1994. He vowed to clean up the union and unite members following a wide-ranging scandal that landed two former presidents in prison. The union under Fain has threatened to hit more plants if there is not enough movement from automakers during negotiations. Corporate greed is the problem.”Sean O'Brien, International Brotherhood of TeamstersMuch of what you need to know about Teamsters president Sean O'Brien is right there in his handle for X/Twitter: @TeamstersSOB.

Persons: Shawn Fain, Fain, Fain “, ” Fain, “ We’re, ” Sean O'Brien, Sean O'Brien, James Hoffa, Jimmy Hoffa, Hoffa, O’Brien, O'Brien, ” O’Brien, Fran Drescher, AFTRA Fran Drescher, ”, She's, they're, Drescher, “, —, Television Producers, Michael Winship, Lisa Takeuchi Cullen, WGAE’s, Takeuchi Cullen, ” Meredith Stiehm, Rich Talarico, Peele Organizations: Unions, Hollywood, UPS, United Auto Workers, Chrysler, UAW, General Motors, Ford, Fiat Chrysler, Detroit, Brotherhood, Teamsters, Amazon, Screen Actors, American Federation of Television, Radio Artists, SAG, Associated Press, Alliance, Television Producers, Writers Guild of America, WGA, Television, Writers Guild of America East, “, CBS, Writers Guild of America West Locations: Missouri , Michigan, Ohio, Kokomo , Indiana, Boston, Hollywood

☆ A core frustration unites striking workers: Exorbitant CEO pay
▼ + stars: | 2023-09-18 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

Exorbitant CEO pay is a frustration shared by Hollywood creatives and Detroit autoworkers alike. Since 1978, the CEO compensation among America’s 300 biggest companies has gone up 1,460%, while the typical worker’s pay grew by just 18% (both adjusted for inflation), according to the Economic Policy Institute, a progressive think tank. Over the same period, CEO pay at the Big Three Detroit automakers — GM, Ford and Chrysler parent Stellantis — has jumped an average of 40%, or roughly how much of a raise striking workers are now demanding. But a company’s profit depends not only on bringing in hearty revenue, but also on keeping costs — including workers’ pay — low. CEO pay went up 40%… No one had any complaints about that, but God forbid the workers ask for their fair share,” he told CNN’s Jake Tapper last week.

Persons: New York CNN —, Hollywood creatives, Barack Obama, Adam S, Hersh, —, Mary Barra, Barra, Carlos Tavares, Jim Farley, Michael M, Shawn Fain, ”, CNN’s Jake Tapper, ’, ” Hersh, “, CNN’s Chris Isidore Organizations: New, New York CNN, Workers, Hollywood, Detroit, Economic Policy Institute, Chrysler, GM, Big Three Detroit, — GM, Ford, CNN, Guild of America, Los Angeles Times, UAW, “, EV Locations: New York, America, Barra, American, Kentucky, Tennessee

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