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☆ America is on strike. Here’s the progress unions have made
▼ + stars: | 2023-09-30 | by ( Chris Isidore | ) edition.cnn.com time to read: +8 min

While the WGA settled its strike recently, winning improved wages and job protections, SAG-AFTRA remains on strike, and most filming remains on hold. They won a reported 32% increase in pay over the six-year life of a contract reached in June and ratified earlier this month. Many of the health care workers unions say their main issue is lack of adequate staffing and the workers’ belief that they’re not able to provide the level of care they want without more help. The Biden administration and Congress stepped into a labor dispute late last year when freight railroad workers threatened to strike. “Labor unions are enjoying a moment of high public approval and strong belief in the benefits they offer to workers, businesses and the economy,” said a Gallup statement.

Persons: Joe Biden’s, ”, “ It’s, Wheaton, “ You’ve, “, you’ve, ” Biden, Ronald Reagan, That’s, they’re, Biden Organizations: New, New York CNN, United Auto Workers, UAW, General Motors, Ford, Cornell University’s Industrial, Labor Relations, ’, Guild of America, SAG, Hollywood, Screen Actors, WGA, Kaiser Permanente, Teamsters, UPS, Warehouse Union, Cornell University School of Industrial and Labor Relations, Unions, Warrior, United Mine Workers, Congress, Gallup, “ Labor Locations: New York, United States, Buffalo , New York, California , Oregon, Washington , Colorado, Virginia, Washington, Coast, Kaiser, Los Angeles, New York City, Alabama

☆ TV and film writers prepare to return to work under new contract: 'I feel like we're entering a new era'
▼ + stars: | 2023-09-28 | by ( Gili Malinsky | ) www.cnbc.com time to read: +5 min

After 148 days of striking, TV and film writers reached a tentative agreement with studios and streamers regarding their work contracts. WGA members will vote on ratifying the agreement between Oct. 2 and 9, with some writers going back to work as early as next week. That could mean more early career writers get an opportunity to work and gain experience on the ground. Without an opportunity for syndication and international distribution on streaming services, residual pay for writers has been cut significantly as well. The contract also hikes minimum pay for various types of television shows and establishes minimum pay for late night talk shows on streaming services, like "The Amber Ruffin Show," which did not previously have established minimums.

Persons: Dylan Guerra, Guerra, Jonathan Handel, Amber Ruffin, Kyra Jones, who's, Handel Organizations: Writers Guild of America, United Auto Workers, UAW, Alliance, Television Producers, Warner Bros ., Netflix, WGA, Screen, American Federation of Television, Radio Artists, CNBC Locations: Ontario , California

☆ Netflix and other streamers have to share data with creators now — but the new transparency only goes so far
▼ + stars: | 2023-09-28 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Discovery — would rip the curtain back on the data secrecy practiced by the streamers, that's not quite what happened. And it's not just creators hoping for bigger residual checks who are eager for more transparency about streaming data. As Netflix, Disney, and more companies pitch new ad-supported streamers, advertisers have griped that streamers have been slow to share the data about audience numbers and composition. Brands investing in films for distribution on streamers also are clamoring for more data to understand how many people are watching them. The WGA can share the data with its broader membership, but only in aggregated form.

Persons: that's, —, Tom Ara, DLA Piper, Kevin Krim, Ashwin Navin, Pryor Cashman, Simon Pulman, It's, Ted Hope, Hope Organizations: Netflix, Disney, Writers Guild of America, Alliance, Producers, Warner Bros, EDO, Brands, Samba, WGA, Nielsen

☆ How Hollywood writers’ landmark deal with studios could set a precedent in the battle against A.I.
▼ + stars: | 2023-09-28 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

After nearly 150 days on strike, the screenwriters secured a number of groundbreaking wins in their new contract with the major film and television studios. The terms, shared by the guild, prevent the studios from using A.I. to write or rewrite material, from forcing writers to use A.I. Until now, there had not yet been a major labor dispute that hinged so heavily on the growing threat to livelihood brought by A.I. And the pioneering deal the WGA struck with the studios will help — at least in the short term — serve as a template.

Persons: A.I, —, Buckle Organizations: CNN, Guild of America, WGA

☆ Hollywood studios, actors on strike to resume talks next week
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +1 min

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 27 (Reuters) - Hollywood studios and negotiators for Hollywood actors on strike will hold talks on Oct. 2, both side said in a joint statement on Wednesday, in the first such meeting in months. The SAG-AFTRA actors union, Hollywood's largest with 160,000 members, walked off the job in July asking for higher pay and for curbs on the use of artificial intelligence (AI) in entertainment, demands similar to Hollywood writers. Other demands from actors include limits on self-taped auditions used in casting, which they argue are more costly than in-person readings. They also want hair and makeup artists who can work with various hair textures and skin tones, to ensure equity for all performers.

Persons: Mike Blake, Walt Disney, AFTRA, Urvi, Himani Sarkar, Miral Organizations: Writers Guild of America, Disney Studios, REUTERS, Hollywood, SAG, Alliance, Television Producers, Walt, Netflix, Thomson Locations: Burbank , California, U.S, Bengaluru

The iconic Hollywood sign is pictured the day after the Writers Guild of America (WGA) announced it reached a preliminary labor agreement with major studios in Los Angeles, California, U.S., September 25, 2023. The Writers Guild of America (WGA) leadership voted unanimously to end the strike on Wednesday, the guild said in a statement. In other areas, the guild said it won guarantees of minimum staffing in writers’ rooms, a key issue for many of its members. Maher and Drew Barrymore had angered writers by saying this month that their talk shows would return before the strike ended. The end of the WGA strike does not return Hollywood to normal.

Persons: Mario Anzuoni, Walt Disney, Adam Conover, WE, Conover, David Slack, Bill Maher, Maher, Drew Barrymore, Lisa Richwine, Dawn Chmielewski, Jamie Freed, Leslie Adler, Gerry Doyle Organizations: Writers Guild of America, REUTERS, Guild of America, WGA, Netflix, Warner Bros Discovery, SAG, Thomson Locations: Los Angeles , California, U.S, United States

☆ Striking actors and Hollywood studios to restart talks days after writers announce a new tentative labor contract
▼ + stars: | 2023-09-27 | by ( Jon Passantino | ) edition.cnn.com time to read: +1 min

CNN —Striking actors and the Hollywood studios will resume negotiations on a new labor contract on Monday, SAG-AFTRA, the actors’ union, said Wednesday, the same day writers ended their own strike in the entertainment industry. Several executives from the Alliance of Motion Picture and Television Producers member companies will be attending the meetings, the union said. The writers and actors had been negotiating over many similar issues, such as compensation as streaming has changed the entertainment industry and the role of AI in creating movies and shows. SAG-AFTRA has been on strike since July 14, joining the fray a little more than two months after the writers strike began. Since then, the two unions have seemed to operate in lockstep with each other.

Persons: ”, AFTRA Organizations: CNN, Hollywood, Alliance, Television Producers, Writers Guild of America, WGA, SAG

☆ Coal makes a quiet resurgence in the clean energy era
▼ + stars: | 2023-09-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

CNN —As momentum shifts toward clean energy, coal has had some unexpected staying power. A new report by the International Energy Agency found that global coal demand hit an all-time high in 2022 amid the energy crisis, eclipsing the previous record set in 2013. For example, Panasonic built a new electric vehicle plant in Kansas to aid its transition to clean energy. Why it matters: Coal, the highest carbon emitting and dirtiest energy source, is the single biggest contributor to human-created climate change. The Hollywood writers’ strike is overThe Hollywood writers’ strike is finally over after 148 days.

Persons: Goldman Sachs, Goldman, “, Dow tumbles, It’s, Stocks, Krystal Hur, ”, Bill Adams, Moody’s Organizations: CNN Business, Bell, CNN, Commodities, Bloomberg, International Energy Agency, IEA, Panasonic, Federal Reserve, Dow Jones, Nasdaq, Fed, Silicon Valley Bank, Signature Bank, Comerica Bank, Government, Fitch, Hollywood, Writers Guild of America, WGA, SAG Locations: Ukraine, Europe, United States, Kansas

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. 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 (DIS.N), Netflix (NFLX.O) 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: Mike Blake, Mel Shimkovitz, Walt Disney, AFTRA, Pedro Pascal, Bob Odenkirk, We're, Lisa Richwine, Dawn Chmielewski, Rollo Ross, Miral Organizations: Writers Guild of America, Disney Studios, REUTERS, Guild of America, Netflix, WGA, SAG, Alliance, Television Producers, Walt, Entertainment, Thomson Locations: Burbank , California, U.S, Los Angeles

[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

☆ Barry Diller rips WGA deal with studios, says fair use needs to be redefined to address AI
▼ + stars: | 2023-09-26 | by ( Drew Richardson | ) www.cnbc.com time to read: +3 min

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

☆ The profitability challenges for streaming aren't going away: TECHnalysis Research's Bob O'Donnell
▼ + stars: | 2023-09-26 | 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 EmailThe profitability challenges for streaming aren't going away: TECHnalysis Research's Bob O'DonnellBob O’Donnell, TECHnalysis Research president and chief analyst, joins 'Squawk Box' to discuss the tentative deal reached by the WGA and Hollywood studios to end the strike, the impact on media stocks, and more.

Persons: TECHnalysis, Bob O'Donnell Bob O’Donnell Organizations: TECHnalysis, WGA, Hollywood

☆ Hollywood studios can train AI models on writers' work under tentative deal - WSJ
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +1 min

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

☆ Writers Guild board votes to authorize members to go back to work
▼ + stars: | 2023-09-26 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

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

☆ Hollywood writers strike to end on Wednesday as WGA, AMPTP finalize labor contract
▼ + stars: | 2023-09-26 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

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

☆ Hollywood Writers' Deal May Set a Template for Talks With Striking Actors
▼ + stars: | 2023-09-26 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +3 min

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

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

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. The union representing roughly 11,500 film and television writers and the group that represents the studios and streaming companies announced the preliminary agreement on Sunday. The three-year deal, whose details were not disclosed, needs to be approved by the leadership of the Writers Guild of America and union members to officially end the strike. But even after the approval, it will take longer for productions to resume as Hollywood actors are still on strike. 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, Craig Huber, Yuvraj Malik, Zaheer Kachwala, Arun Koyyur Organizations: Writers Guild of America, Disney Studios, REUTERS, Warner Bros Discovery, Paramount Global, Netflix, SAG, Hargreaves, Paramount, Disney, Media, Huber Research Partners, Thomson Locations: Burbank , California, U.S, Bengaluru

☆ Hollywood’s brief thaw belies a long winter
▼ + stars: | 2023-09-25 | by ( Jennifer Saba | ) www.reuters.com time to read: +4 min

The union representing movie and TV writers tentatively agreed to a new contract on Sunday, setting the stage to end a five-month impasse. Content production is back on the budget line for streaming services. They too want to share in the spoils of a successful movie or TV series on streaming services. Charter now doesn’t have to carry eight Disney networks including FXX and Disney Junior, while Disney also is giving Charter’s customers access to its ad-supported streaming services for no additional charge. The brief thaw belies a long winter.

Persons: Fran Drescher, Duncan Crabtree, Walt Disney, Bob Iger, Ted Sarandos, David Zaslav, Donna Langley, ”, Lauren Silva Laughlin, Aditya Sriwatsav Organizations: SAG, Writers Guild of America, Hollywood, Netflix, Reuters, Guild of America, Walt, Warner Bros Discovery, NBC Universal, Charter Communications, Disney, Disney Junior, WWE, Paramount Global, Paramount, Alliance, Producers, WGA, Thomson Locations: Los Angeles , California, U.S

The Writers Guild of America (WGA), which represents roughly 11,500 film and television writers, reached a preliminary three-year deal with major studios on Sunday. While actors remain on strike, late-night and daytime talk shows may resume production once their writers receive the Guild's greenlight to return to work in the coming days or weeks. Film and television producer Todd Garner said he expects that once actors reach a deal, scores of productions will race to restart at once. Major television shows and movies are contractually in first position with actors, Garner said. 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: David Swanson, Drew Barrymore, Barrymore, Jimmy Fallon, Todd Garner, Garner, " Garner, Walt Disney, Susannah Streeter, Hargreaves Lansdown, Rosenblatt, Barton Crockett, Lisa Richwine, Dawn Chmielewski, Yuvraj Malik, Zaheer Kachwala, Arun Koyyur, Sandra Maler Organizations: Netflix, Writers Guild of America, REUTERS, Hollywood, Guild of America, SAG, Long, Warner Bros Discovery, Comcast, Hargreaves, Paramount, Disney, Thomson Locations: Los Angeles , California, U.S, California, Los Angeles, Bengaluru

☆ Hollywood writers and studios reach tentative deal to end strike after nearly 150 days
▼ + stars: | 2023-09-25 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Writers Guild of America members walk the picket line on the first day of their strike in front of Amazon studios on Tuesday, May 2, 2023, in Culver City, CA. Talks between the Writers Guild of America and the Alliance of Motion Picture and Television Producers resumed last week after months of starts and stops, ultimately leading to a tentative deal that would end the ongoing writers strike. Television and film writers sought protections against the use of artificial intelligence, in addition to increases in compensation for streamed content. Then, the board and council will vote on whether to authorize a contract ratification vote by membership. SAG-AFTRA members have been on strike since mid-July and are seeking contract updates similar to those requested by the writers.

Persons: Television Producers, AMPTP, AFTRA Organizations: Guild of America, Amazon, Writers Guild of America, Alliance, Television, WGA, Disney, Paramount, Universal, Warner Bros . Discovery . Television, WGAW, WGAE, SAG, Screen, American Federation of Television, Radio Artists, Comcast, CNBC, Television Producers Locations: Culver City , CA, NBCUniversal

☆ Stocks making the biggest moves in premarket trading: AstraZeneca, Paramount, Nike and more
▼ + stars: | 2023-09-25 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

AstraZeneca — Shares rose 1.4% after Jefferies upgraded the stock to buy from hold. Dow — Shares of the petrochemicals company rose 1.6% Monday during premarket trading. Chinese e-commerce stocks — U.S.-traded shares of JD.com and PDD Holdings lost 3.1% and 2.3%, respectively, as sentiment around China's economy worsened. HP — Shares of the computer company fell about 3% after Berkshire Hathaway sold 4.8 million shares, or approximately $130 million, of HP. Sealed Air — The food packaging company jumped 2.7% after Citi upgraded shares to buy from neutral.

Persons: Jefferies, Locker, Berkshire Hathaway, Anthony Pettinari, Nio, —, Alex Harring, Jesse Pound Organizations: WGA, Guild of America, SAG, Paramount Studios, AstraZeneca —, Urban Outfitters, Dow —, JPMorgan, Nike, Jefferies, Citi, U.S, PDD Holdings, Media, — Media, Paramount, Warner Bros, Disney, HP —, Berkshire, HP Locations: Los Angeles , California, China, JD.com, U.S

☆ Explainer: Is the Hollywood writers' strike over?
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +2 min

Sept 25 (Reuters) - The Hollywood writers' strike is nearing its end after a preliminary agreement with studios and streaming companies on Sunday after five months of disruption. Writers will also no longer be on the picket lines as the union has asked them to stop protesting. 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. But for everything else, it could take longer as the actors and performers' union is still on strike. The Screen Actors' Guild (SAG) is considerably larger than the WGA with 160,000 film and television actors, stunt performers and other media professionals.

Persons: Analysts, Mike Blake, Jimmy Kimmel, Jimmy Fallon, Yuvraj Malik, Arun Koyyur Organizations: Hollywood, Writers ' Guild of America, Writers, SAG, Writers Guild of America, Disney Studios, REUTERS, Media, Guild, WGA, Abbott, Thomson Locations: Burbank , California, U.S, Bengaluru

☆ Hollywood writers reach 'tentative agreement' with studios after 146 days
▼ + stars: | 2023-09-25 | by ( Huileng Tan | Lloyd Lee | ) www.businessinsider.com time to read: +6 min

The Writers Guild of America reached a tentative agreement with Hollywood studios on Sunday. AdvertisementAdvertisement"The WGA and AMPTPT have reached a tentative agreement," the AMPTP email said; the WGA's version was typo-free. The tentative agreement comes after the guild and the AMPTP — which represents major studios and streaming services, including Warner Bros. They were joined on the picket lines by over 160,000 union members of SAG-AFTRA, the actors' union, on July 14. Broadcast networks' fall TV schedules were loaded with reality series, whose writers aren't subject to the WGA agreement.

Persons: Bob Hopkinson, Netflix —, they've, Alex O'Keefe, O'Keefe, Keefe, Drew Barrymore, Barrymore, Insider's Reed Alexander, Alison Brower, TUSC Organizations: Guild of America, Hollywood, WGA, Service, Alliance, Television Producers, Warner Bros, Disney, Netflix, SAG, Guild, Union Solidarity Coalition Locations: Wall, Silicon

☆ The WGA strike might be ending, but Hollywood’s bigger problems aren’t
▼ + stars: | 2023-09-25 | by ( Brian Lowry | ) edition.cnn.com time to read: +7 min

Demonstrators carry signs during the WGA strike in New York City in May. Leonardo Munoz/AFP via Getty ImagesWhatever the outcome of this battle, though, there are signs Hollywood overall is losing the war. Now with streaming gains slowing, the revenues from those new subscribers aren’t fully offsetting what’s being lost. That’s bad for the creative class.”So, were there “winners” and “losers” in the writers’ strike? To the extent the strike left their fall TV lineups looking relatively bare, this was a loss for them and gift to the streaming services.

Persons: –, Frederic J . Brown, Leonardo Munoz, they’re, “ Barbie ”, “ Oppenheimer, Indiana Jones, ”, CHRIS DELMAS, ’, Bloomberg’s Lucas Shaw, Strong ”, Oscar, Drew Barrymore, Bill Maher, Barrymore Organizations: CNN, Guild of America, WGA, Netflix, ”, Getty, Hollywood, Disney, Charter Communications, ESPN, SAG, Warner Bros, of America Locations: AFP, New York City

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