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Activist investor Nelson Peltz is stating his case for joining Disney 's board. The proxy battle comes as Iger tries to streamline the sprawling media company to rein in spending and make its Disney+ streaming platform profitable. Peltz reiterated in a CNBC "Squawk Box" interview Thursday morning that he believes Disney's current board oversight is "awful." Peltz and Rasulo aim to execute a clear vision for the brand's theme parks, targeting "high-single digit operating income growth," according to the filing. Peltz told CNBC on Thursday that he paid a visit to Disney World last week.
Persons: Nelson Peltz, Peltz's, Peltz, Jay Rasulo, they'd, Rasulo, Bob Iger's, Bob Chapek, Trian, Iger, that's Organizations: Disney, Peltz's Trian Fund Management, Netflix, CNBC, ESPN, Hollywood Studios, CNBC PRO Locations: Kingdom
The 75th Primetime Emmy Awards will air on Monday night after a four-month delay. AdvertisementThe Emmys are back after a four-month delay amid the Hollywood writers and actors strikes last year. Martin Short is nominated for Outstanding Lead Actor In A Comedy Series for his role in Hulu's "Only Murders In The Building." In 2022, Brunson won an Emmy for Outstanding Writing For a Comedy Series for the series, which she created, wrote, and starred in. See the full list of the 2023 Primetime Emmy nominees here.
Persons: , Anthony Anderson, ABC's, Trevor Noah, Brian Cox, HBO's, Bella Ramsey, Martin Short, Quinta Brunson, Brunson Organizations: Service, Hollywood, Writers Guild of America, WGA, SAG, Fox, Hulu, Peacock Locations: Los Angeles
AdvertisementAfter a period of "wild west" investing in AI, Blank believes activity will favor AI companies that respect artists' consent and compensation. It recently co-led a $1 million seed round in Conduiit, which centralizes entertainment companies' production finance operations. Endeavor Venture InvestmentsEndeavor Venture Investments is the venture arm of entertainment and sports behemoth Endeavor. SWaN & LegendThe Virginia-based VC firm has a broad consumer portfolio that includes a number of entertainment investments. With Hollywood in contraction, SWaN has largely hit pause on new entertainment investments to get its portfolio companies on a strong footing.
Persons: Michael Blank, Blank, Jon Miller, Miller, Slack, Garnet Heraman, BDMI, Urs Cete, Michael, TMRW, Tiger Woods, Rory McIlroy, Elysian Park Ventures Jay Adya, Grant Lamos, Tom Brady, Gotham Chopra, Michael Strahan, Jay Adya, Morgan, Kushaan Ahuja, Drew Glover, Glover, Alex Harris, they've, Noah Doyle, Payback India, Jed Katz, Rich Greenfield, Rich, Ilya Pozin, Jamie Seltzer, LightShed, Steve Cohen's, it's, Sri Chandrasekar, Tripp Shriner, Ishan Sinha, That's, Wondery, Ian Doody, Raine, Gordon Rubenstein, Joe Ravitch, Jeff Sine, , Fred Schaufeld, SWaN, that's, Oscar, Jose, Schaufeld, Sam Wick, Alex J, Investcorp, Paul Yoo, Edgar Bronfman Jr, Daniel Leff, Waverley, Leff Organizations: Service, Creative Artists, Connect Ventures, Business, Hollywood, Veteran, TPG, Integrated Media Co, Advancit, CAA, Bertelsmann, Waverley, Octopus Ventures, Accel, Facebook, Venture, Aperture Venture, Bertelsmann Digital Media Investments, Fremantle, Connect, CAA Connect Ventures, New Enterprises Associates, TMRW Sports, Disney, Universal, Elysian Park Ventures, Elysian, Sports, Endeavor Venture, Endeavor Venture Investments, behemoth Endeavor, Dapper Labs, Fiat Ventures, Fiat Ventures Fiat Ventures, Fiat, Payback, Rent, LightShed, Rich Greenfield Influential, LightShed Ventures, Pluto, Apple, Octopus Ventures Octopus Ventures, Investments, Corp, Etsy, Re, Point72 Ventures New York Mets, Range Media Partners, Point72 Ventures, Sri, Powerhouse, Athletic, The New York Times Co, Evolution Media, Creative Artists Agency, Astro, Rave Digital Media, Accel Entertainment, Jose Andrés Media, Berliner, UTA Talent, UTA, UTA Ventures, Ventures, VR, Amazon, PFL Locations: blockchain, , Conduiit, fintech, London, Australia, Papercup, Los Angeles, Virginia, UTA.VC
Hannah Beier | The Washington Post | Getty ImagesCall 2023 an explosive comeback at the box office. Together, those three films contributed more than $1.5 billion to the domestic box office, according to data from Comscore. But in the meantime, here's a look at some of the most important theatrical releases of 2023 — and why they worked. Meanwhile, Disney has seen its animated content lag at the box office in the wake of the pandemic. "His Only Son," a biblical drama released in early 2023, cost $250,000 to make and generated $12.4 million at the box office.
Persons: Barbie, Oppenheimer, Hannah Beier, Mario, Comscore, Greta Gerwig, Christopher Nolan's, J, Robert Oppenheimer, Chris Pratt, Charlie, Luigi, Disney, Kung, Taylor Swift, Michael Jackson's, Buda Mendes, tas23, Swift, Beyoncé, Tim Ballard, Jim Caviezel, Covid, Blumhouse, Cabrini, Saint Francesca Cabrini, Bonhoeffer, Dietrich Bonhoeffer Organizations: Washington Post, Getty, Warner Bros, Mario Bros, Universal, Disney, Pixar, Walt Disney Animation, Swift, AMC, National Football League, Angel Studios, Century Fox, Roman Catholic, Reich Locations: Somerdale , New Jersey, There's, New York, Universal, Hollywood, Colombia
Southwest Airlines and its pilots' union have reached a new preliminary labor agreement that would give pilots 50% cumulative pay increases over the life of the contract, a deal that could end years of tense negotiations. The five-year deal is worth about $12 billion, Casey Murray, president of the Southwest Airlines Pilots Association, told CNBC on Tuesday. In comparison, larger rival United Airlines ' new four-year pilot contract is worth about $10 billion, according to the aviators' union. Once the contract becomes amendable, Southwest pilots would get 2.5% annual bonuses until the airline and union reach a new agreement. FedEx pilots rejected an preliminary deal earlier this year, while UPS pilots' union is set to start negotiations in mid-2024.
Persons: Casey Murray Organizations: Southwest Airlines, Southwest, U.S, Southwest Airlines Pilots Association, CNBC, United Airlines, United, Delta, FedEx, UPS, U.S . Department of Transportation, Labor, Hollywood, United Auto Workers union Locations: Southwest
Wondery hopes the interest generated from its marketing campaigns will help it turn podcast ideas into intellectual property that spans different media. Photo: WonderyIn a shopping mall in Los Angeles’ Century City, a 1,200-square-foot room has been painted green, covered in Christmas decorations and filled with an espresso bar, a cotton candy stand, and a step-and-repeat for photoshoots. An actor dressed in a furry green suit makes an appearance on weekends. The Grinch’s Holiday Green Room, as it is called, is one of L.A.’s latest “pop-up experiences,” the kind usually deployed to build excitement around big-budget TV shows and movies.
Persons: Wondery Organizations: Los Angeles ’ Locations: Los Angeles, City
Our Disney World and Universal Orlando trip for a family of five cost about $7,000 for six nights. AdvertisementIn July, our family of five checked a Disney World and Universal Studios trip off our bucket list. AdvertisementWe'd book a family suite at a Disney resort againOur kids enjoyed the pools at Disney's All-Star Music Resort. AdvertisementAt about $7,000, our Disney and Universal trip cost more than double what we've spent on other vacations. We won't be annual Disney World trekkers anytime soon, but we'll probably be back.
Persons: , Mandy Bray, could've, We'd, I'd, Harry Potter, Bourne, we've Organizations: Disney World, Universal Orlando, Disney, Service, Universal Studios, Transportation, Universal Express, Universal, Universal Studios Orlando, Animal Kingdom, Hollywood Studios Locations: Indianapolis, Orlando, Florida, Epcot, National
[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
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
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
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
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
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
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
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
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,
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