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☆ 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

☆ Hollywood can resume production around Thanksgiving in best case scenario, says Puck's Matt Belloni
▼ + stars: | 2023-09-25 | 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 can resume production around Thanksgiving in best case scenario, says Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the end of the Hollywood writers strike, after the WGA and studios reached a tentative deal last night, what it means for the actors' strike, production, and more.

Persons: Matt Belloni Matt Belloni, Puck Organizations: Hollywood, WGA

☆ 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

Strike signs await striking SAG-AFTRA actors and Writers Guild of America (WGA) outside Disney Studios in Burbank, California, U.S., July 25, 2023. The WGA, which represents 11,500 film and television writers, described the deal as "exceptional" with "meaningful gains and protections for writers." While writing may resume, the SAG-AFTRA actors' union remains on strike. Efforts to restart daytime talk shows without writers, such as "The Drew Barrymore Show," collapsed this month, in the face of criticism from striking writers and actors. Even as studio executives celebrated the end of the longest-running writers' strike since 1988, it is only half the labor battle.

Persons: Mike Blake, Caroline Renard, Hollywood's, Drew Barrymore, Bob Iger, Iger, It's, Brandon K, Hines, Kevin Klowden, David Zaslav, Ted Sarandos, Donna Langley, AFTRA, Dawn Chmielewski, Lisa Richwine, Danielle Broadway, Christopher Cushing Organizations: Writers Guild of America, Disney Studios, REUTERS, WGA, Hollywood, SAG, Alliance, Television Producers, Walt Disney, Netflix, Warner Bros Discovery, Disney, Milken Institute, Reuters, Thomson Locations: Burbank , California, U.S, California, New Mexico, Georgia, New York, Los Angeles

☆ SAG-AFTRA strike: All eyes on actors union following tentative deal between studios and writers
▼ + stars: | 2023-09-25 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +4 min

The tentative WGA deal increases pressure on SAG-AFTRA to reach an agreement along the same lines, although the actors union still has enough leverage to keep productions shut down. The studio’s resolution with WGA will likely pave the way for a deal with SAG-AFTRA within the next few weeks. The writers guild was going to fight the big fight, and the actors will use the gains writers made and customize them for their needs.”SAG-AFTRA has been on strike since July 14, joining the fray a little more than two months after the writers strike began. A major issue for the actors union is a wage increase of 11% in the first year of the proposed contract term, while the studios have only agreed to a 5% pay raise. According to Nunan, talks with the WGA will likely make studios more amenable to collaborative talks with SAG-AFTRA.

Persons: ”, Tom Nunan, AFTRA, Nunan, “, we’ve, ‘, ’ ”, “ It’s, It’s Organizations: CNN, Writers Guild of America, Alliance, Television Producers, Hollywood, SAG, WGA

☆ Hollywood's writers strike is on the verge of ending. What happens next?
▼ + stars: | 2023-09-25 | by ( Will Gendron | ) www.businessinsider.com time to read: +4 min

In what lasted for almost five months, the writer's strike has seemingly reached an end. In the last writers strike, in 2008, board members voted two days after a deal was reached, and members voted two days after that. AdvertisementAdvertisementWhen will writers return to work and shows return? The studios that make up the AMPTP opted to finish a deal with writers — who went on strike two months earlier — before even beginning to deal with actors. It was three months into the writers strike before the AMPTP reached out to begin negotiations, and the initial talks sputtered after a just a few days.

Persons: —, Jimmy Fallon, Jimmy Kimmel, Stephen Colbert, Drew Barrymore Organizations: Guild of America, Hollywood, Service, Alliance, Television Producers, WGA, SAG, WGA —, Guild

☆ Movie theater shares pop after writers, studios reach tentative labor deal
▼ + stars: | 2023-09-25 | by ( Drew Richardson | ) www.cnbc.com time to read: +3 min

Movie theater shares popped Monday following news of a tentative labor deal between the Writers Guild of America and the Alliance of Motion Picture and Television Producers. Extremely good news that progress is being made," AMC CEO Adam Aron said Sunday in a post on X, the site formerly known as Twitter. Shares of AMC were up roughly 7% Monday. The Screen Actors Guild – American Federation of Television and Radio Artists is still on strike after failure to reach a labor agreement with AMPTP. The summer season saw a 19% year-over-year increase, due in large part to the success of "Barbie" and "Oppenheimer."

Persons: Adam Aron, it's, Kraven, Hunter, Oppenheimer, Eric Wold, AFTRA, — CNBC's Sarah Whitten Organizations: AMC, Regal Cinemas, Writers Guild of America, Alliance, Television Producers, Twitter, Disney, Comcast, Warner Bros, Discovery, Hollywood, – American Federation of Television, Radio Artists, AMPTP, SAG, Riley Securities, WGA, Netflix, CNBC Locations: Square , New York, NBCUniversal

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☆ Striking writers, Hollywood studios to meet on Sunday as talks stretch on
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +1 min

The iconic Hollywood sign is shown in early morning light in Los Angeles, California, U.S., July 13, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsSept 23 (Reuters) - Negotiators for the striking Writers Guild of America (WGA) and Hollywood studios will meet again on Sunday after a fourth day of talks failed to reach a deal. Writers walked off the job in early May after negotiations failed to agree on compensation, minimum staffing of writers' rooms, the use of artificial intelligence and residuals that reward writers for popular streaming shows. The SAG-AFTRA union, comprising 160,000 members from actors to stunt performers, joined the writers in July, calling for a work stoppage and putting Hollywood into two simultaneous strikes for the first time in 63 years. Reporting by Urvi Dugar in Bengaluru; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Mike Blake, Walt Disney, Urvi, William Mallard Organizations: REUTERS, Guild of America, Hollywood, WGA, Alliance, Television Producers, Netflix, SAG, Thomson Locations: Los Angeles , California, U.S, Bengaluru

While the agreement still needs to be ratified by members of WGA, which represents more than 11,000 writers, this marks a significant turning point in the nearly five-month-long strike. The current walkout came close to beating the longest strike in WGA history, a 1988 strike that lasted 154 days. “But we are, as of today, suspending WGA picketing.” The Guild encouraged members to join the picket line for the actors’ strike instead this week. One person close to the matter said that, as a result, writers could potentially be back to work in just days. People familiar with the matter on Sunday night voiced optimism the studios’ agreement with the writers will also allow it to reach a deal with the actors.

Persons: ” Organizations: Los Angeles CNN, Writers Guild of America, WGA, SAG, Hollywood, Industries, Empire State Development Locations: Hollywood, New York

Here's a look at the steps to come for writers, and for the actors whose strike continues. In the last writers strike, in 2008, board members voted two days after a deal was reached, and members voted two days after that. But while the show's joke writers will be free to return, many of their usual guests will not, with the ongoing actors strike bringing limits on such appearances. HOW LONG WILL THE ACTORS STRIKE LAST? It was three months into the writers strike before the AMPTP reached out to begin negotiations, and the initial talks sputtered after a just a few days.

Persons: Jimmy Fallon, ” ABC's, Jimmy Kimmel, Stephen Colbert ”, Drew Barrymore, Severance, ABC's “, — Organizations: ANGELES, FIRST, Hollywood's, Writers Guild of America, Alliance, Television Producers, Hollywood, WGA, Screen, American Federation of Television, Radio Artists, Guild, Apple, ABC's “ Abbott, SAG Locations: hollywood

LOS ANGELES (AP) — Union leaders and Hollywood studios reached a tentative agreement Sunday to end a historic screenwriters strike after nearly five months, though no deal is yet in the works for striking actors. The Writers Guild of America announced the deal in a joint statement with the Alliance of Motion Picture and Television Producers, the group that represents studios, streaming services and production companies in negotiations. “WGA has reached a tentative agreement with the AMPTP,” the guild said in an email to members. The tentative deal to end the last writers strike, in 2008, was approved by more than 90% of members. In that walkout, the writers strike started first and ended second.

Persons: —, would've, NBC’s, Jimmy Fallon ”, ABC’s “ Jimmy Kimmel, AFTRA, ”, Bob Iger, Ted Sarandos, David Zaslav, Donna Langley, NBCUniversal, Los Angeles Mayor Karen Bass, Gavin Newsom, Netflix's, ABC's, Drew Barrymore, Bill Maher ” Organizations: ANGELES, — Union, Hollywood, Guild of America, Alliance, Television Producers, WGA, Screen, American Federation of Television, Radio, Crew, SAG, Disney, Netflix, Warner Bros ., Los Angeles Mayor, California Gov, Writers Guild of America Locations: 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. While workers across the entertainment industry waited for word of the outcome, no agreement had been announced as of late Friday, the 144th day of the strike. Representatives for the WGA and the Alliance of Motion Picture and Television Producers (AMPTP), which represents the studios, had no comment. Producer and WGA member Al Septien, also picketing outside Netflix on Friday, said he wanted to get back to work, but only under the right terms. We don't want to fold for a less-than-fair and good contract for the writers,” he said.

Persons: Mike Blake, Walt Disney, Bob Iger, Ted Sarandos, David Zaslav, Donna Langley, Matthew Weiner, Weiner, Al Septien, We've, ”, Lisa Richwine, Dawn Chemielewski, Sandra Stojanovic, Shri Navaratnam Organizations: Writers Guild of America, Disney Studios, REUTERS, Netflix, Warner Bros Discovery, Comcast's, WGA, Alliance, Television Producers, SAG, Thomson Locations: Burbank , California, U.S, Angeles

☆ WGA strike: Writers Guild and Hollywood studios in ‘final phase’ of negotiations
▼ + stars: | 2023-09-23 | by ( Oliver Darcy | ) edition.cnn.com time to read: 1 min

☆ WGA, AMPTP continue bargaining talks with Hollywood studios
▼ + stars: | 2023-09-23 | by ( Michelle Watson | ) edition.cnn.com time to read: 1 min

☆ It'll be beginning of 2024 before Hollywood is back to full steam ahead: LightShed's Rich Greenfield
▼ + stars: | 2023-09-22 | 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 EmailIt'll be beginning of 2024 before Hollywood is back to full steam ahead: LightShed's Rich GreenfieldRich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss the latest in Hollywood writers' strike, as the WGA and heads of multiple studios are expected to head back to the bargaining table today, the chances for an agreement, and more.

Persons: LightShed's Rich Greenfield Rich Greenfield Organizations: Hollywood, LightShed Partners, WGA

☆ Striking Hollywood writers, studios to meet again Friday
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

Strike signs await striking SAG-AFTRA actors and Writers Guild of America (WGA) outside Disney Studios in Burbank, California, U.S., July 25, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsLOS ANGELES, Sept 21 (Reuters) - Negotiators for Hollywood's major studios and striking film and television writers plan to meet again on Friday, the Writers Guild of America (WGA) said in a statement. Roughly 11,500 WGA members walked off the job in May, angered by how working conditions have changed in the streaming TV era. The SAG-AFTRA actors union went on strike in July, putting Hollywood in the midst of two simultaneous work stoppages for the first time in 63 years. Reporting by Lisa Richwine and Kanjyik Ghosh; Editing by Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

Persons: Mike Blake, Walt Disney, Bob Iger, Ted Sarandos, Donna Langley, David Zaslav, Lisa Richwine, Kanjyik Ghosh, Edwina Gibbs Organizations: Writers Guild of America, Disney Studios, REUTERS, CNN, Alliance, Television Producers, WGA, Netflix, Warner Bros Discovery, SAG, Hollywood, Thomson Locations: Burbank , California, U.S

☆ Striking auto workers are highlighting their CEOs' multi-million dollar pay. Here's how much the top bosses at Ford, GM and Stellantis make
▼ + stars: | 2023-09-22 | by ( Graham Rapier | Nora Naughton | Associated Press | ) www.businessinsider.com time to read: +10 min

"The reason we ask for 40% pay increases is because in the last four years alone, the CEO pay went up 40%. U.S. companies, in contrast, use grant date value of stock packages awarded to executives during the reporting year. AdvertisementAdvertisementThat's because in some years, talking about a CEO's "realized pay" can obscure exorbitant pay packages approved by company boards. AdvertisementAdvertisementThe CEOs of GM and Ford also saw their compensation packages peak in 2021, before declining slightly in 2022. However you slice the numbers, the gap between CEO pay and rank-and-file workers at all three companies is gigantic.

Persons: Mary Barra's, Shawn Fain, Fain, Mary Barra, James Farley, Jim Hackett, Stellantis, Carlos Tavares, Mike Manley's, Equilar, Tavares, That's, Manley, —, Harry Katz, Tesla, Elon Organizations: UAW, Service, United Auto Workers, Ford, GM, Netflix, Writers Guild of America, WGA, Comcast, Big Three, —, Motors, Chrysler, CBS, Big, General, AP, Equilar, Fiat Chrysler Automobiles, French PSA Group, Fiat Chrysler, Institute, Detroit, Cornell University, U.S Locations: Wall, Silicon, Stellantis, American, European

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. "While the dot plots suggest upside risks to interest rates, we retain our expectations that the hike cycle is likely done and for the Fed not to raise rates again," Mark Haefele Chief Investment Officer, UBS Global Wealth Management, said in a note. Meanwhile, weak performance of recent listings after their debut highs has dampened hopes of a likely revival in the initial public offering market amid high interest rates and broader market declines. Arm Holdings also fell 3.0% to $51.3 premarket, nearing its IPO price of $51 per share while Instacart (CART.O) lost 1.4%. ET, Dow e-minis were down 188 points, or 0.54%, S&P 500 e-minis were down 34.75 points, or 0.78%, and Nasdaq 100 e-minis were down 160.75 points, or 1.06%.

Persons: Brendan McDermid, Mark, Ankika Biswas, Shristi, Arun Koyyur, Vinay Dwivedi Organizations: New York Stock Exchange, REUTERS, FedEx, Broadcom, Google, Dow, Nasdaq, Federal Reserve, Apple, Nvidia, Wall, UBS Global Wealth Management, Arm Holdings, Dow e, Marvell Technology, Marvell, Warner Bros Discovery, Paramount Global, Writers Guild of America, WGA, Thomson Locations: New York City, U.S, Bengaluru

[1/2] Phoebe Price holds a sign, while pushing a dog in a stroller, as SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line during their ongoing strike outside Sunset Bronson studios, near Netflix offices in Los Angeles, California, U.S., August 11, 2023. REUTERS/Mario Acquire Licensing Rights Read moreLOS ANGELES, Sept 20 (Reuters) - Negotiators for the striking Writers Guild of America (WGA) and Hollywood studios will meet again on Thursday to try to resolve a nearly five-month standoff that has disrupted film and television production. CNBC, citing people close to the negotiations, said writers and producers were near an agreement and hoped to reach a deal on Thursday. But if a deal is not reached the strike could last through the end of the year, CNBC reported. No talks are currently scheduled between the actors and the studios.

Persons: Phoebe Price, Walt Disney, AMPTP, Bob Iger, Ted Sarandos, Donna Langley, David Zaslav, Lisa Richwine, Dawn Chmielewski, Sandra Maler, Kim Coghill Organizations: SAG, Writers Guild of America, Netflix, REUTERS, Mario, Guild of America, Hollywood, WGA, Alliance, Television Producers, Walt, Disney, Warner Bros Discovery, People, CNBC, Thomson Locations: Sunset Bronson, Los Angeles , California, U.S, ANGELES

Members of the Writers Guild of America (WGA) and the Screen Actors Guild walk the picket line outside of Fox Studios in Los Angeles, California, on August 9, 2023. Film and TV production ground to a halt 100 days ago when writers downed their pens, only to be joined on the picket lines in mid-July by actors. Writers and producers are near an agreement to end the Writers Guild of America strike after meeting face to face on Wednesday, people close to the negotiations told CNBC. While optimistic, the people noted, however, that if a deal is not reached the strike could last through the end of the year. This appears to be the closest the two sides have come to a resolution since the more than 11,000 film and TV writers went on strike beginning May 2.

Persons: Television Producers, — Organizations: Writers Guild of America, Screen, Fox Studios, CNBC, WGA, Alliance, Television, Hollywood Locations: Los Angeles , California

☆ Studios and writers end 'marathon session' of negotiating with no deal
▼ + stars: | 2023-09-21 | by ( Oliver Darcy | ) edition.cnn.com time to read: +1 min

CNN —The striking writers and heads of the four big Hollywood studios have concluded a “marathon session” of negotiations, which lasted more than ten hours, without reaching a deal Thursday evening, a person familiar with the matter told CNN. It’s unclear when the studios and writers will meet again to continue negotiations. Discovery chief David Zaslav, Disney chief Bob Iger, Netflix co-chief Ted Sarandos, and NBCUniversal studio chairman Donna Langley — resumed negotiations on Wednesday with the Writers Guild of America. After the meeting, both sides issued a rare joint statement noting their discussions would continue the following day. Many productions had halted even before SAG-AFTRA joined the WGA on strike July 14.

Persons: — Warner, David Zaslav, Bob Iger, Ted Sarandos, Donna Langley —, —, AFTRA, Chris Isidore Organizations: CNN, Hollywood, The Alliance, Television Producers, — Warner Bros . Discovery, Disney, Netflix, Writers Guild of America, Warner Bros, WGA, SAG

☆ I'd be surprised if we get a deal on WGA strike today but we're getting close: Ankler's Janice Min
▼ + stars: | 2023-09-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI'd be surprised if we get a deal on WGA strike today but we're getting close: Ankler's Janice MinJanice Min, Ankler Media Founder and CEO, joins 'Power Lunch' to discuss the latest developments on the WGA strike.

Persons: Ankler's Janice Min Janice Min Organizations: WGA, Ankler

McLaren has sold about 40 custom snow globes since the writers went on strike, at $299 a piece, through his Etsy shop. Since the writers strike began, 3,124 people joined or reactivated their Cameo accounts, the company said. When the actors strike began, she signed on to help them sell images to photo agencies, including celebrity-fueled rallies and picket lines in the strikes. Her husband's salary as an engineer helps, but it doesn't get them all the way there in paying their bills. ___For more on the ongoing actors and writers strikes, visit: https://apnews.com/hub/hollywood-strikes/

Persons: Ryan Meyer's lifeblood, Meyer, ”, Joe's, “ We've, ” Meyer, “, Jesse McLaren, “ Jimmy Kimmel, “ They’ve, McLaren, “ I’ve, “ I’m, ” Keith McNutt, It's, Autumn Monroe, ” Monroe, Monroe, Vince Vaughn, Shadi, Petosky, I’ve, ” Petosky, Bethany Layla Johnson, Briza Covarrubias, doesn't, Covarrubias, we're Organizations: “, Entertainment, Writers Guild of America, Alpha Kappa Alpha, “ Parks, Recreation, Netflix, WGA Locations: Los Angeles, Atlanta, New York, Manhattan, York, hollywood

☆ Hollywood workers resort to flea markets, bake sales as strikes drag on
▼ + stars: | 2023-09-21 | by ( Lisa Richwine | ) www.reuters.com time to read: +6 min

[1/2] 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. Hollywood writers walked off the job in May, followed by actors in July. The motion picture and sound recording industries shed 17,000 jobs in August because of the strikes, according to U.S. government statistics. Writers and actors can apply for assistance from their unions, and some crew members are eligible for state unemployment benefits. In the meantime, stars including George Clooney, Dwayne Johnson and Meryl Streep have donated millions to Hollywood charities that assist industry workers.

Persons: Mike Blake, IATSE, Dejon Ellis, Kevin Klowden, Daniel Fox, Fox, Laura Seaman, Berry, Greg S, Tiffany Puterbaugh, Puterbaugh, I've, Gavin Newsom, George Clooney, Dwayne Johnson, Meryl Streep, Ellis, We're, it's, John Lithgow, Nicole Kidman, Andrea Tyler, Tyler, Lisa Richwine, Mary Milliken, Aurora Ellis Organizations: Writers Guild of America, Disney Studios, REUTERS, Rights, IATSE, Milken Institute, Star Wars, Hollywood, SAG, Netflix, Thomson Locations: Burbank , California, U.S, Rights BURBANK , California, Los Angeles, Hollywood, California, Georgia, New Mexico

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