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[1/2] Workers and supporters of the Writers Guild of America picket outside Sunset Bronson Studios and Netflix Studios, after union negotiators called a strike for film and television writers, in Los Angeles, California, U.S., May 3, 2023. REUTERS/Mario AnzuoniLOS ANGELES, May 4 (Reuters) - The Hollywood writers' strike that kicked off this week could last well into the summer and likely beyond, top executives close to the discussions told Reuters this week. Moody’s estimates a three-year contract with writers ultimately will cost the media industry $250 million to $350 million per year, a more modest estimate than the guild's projections of about $429 million per year. Television writers say their pay has suffered, as studios squeeze writers into smaller rooms for fewer weeks at minimum pay, despite financing lavishly produced streaming series. Hollywood writers must pay their agents and managers out of their wages -- and, unlike staff writers, can go long periods between gigs.
LOS ANGELES, May 3 (Reuters) - Hollywood writers have for decades penned sci-fi scripts featuring machines taking over the world. The Writers Guild of America is seeking to restrict the use of artificial intelligence in writing film and television scripts. A spokesperson for the Alliance of Motion Picture and Television Producers, which is negotiating the contract on behalf of the studios, did not comment. The dispute over AI is one of several issues that led Hollywood’s film and TV writers to strike Monday, marking the first work stoppage in 15 years. Screenwriter John August, a member of the WGA negotiating committee, said writers have two concerns regarding AI.
Production also was halted in Los Angeles for the rest of the week. REUTERS/Aude GuerrucciThe writers are seeking changes in pay and the formulas used to compensate writers when their work is streamed, among other proposals. The last WGA strike in 2007 and 2008 lasted 100 days. Writers say changes from the streaming TV boom have made it difficult for many to earn a living in expensive cities such as New York and Los Angeles. Half of TV series writers now work at minimum salary levels, compared with a third in the 2013-14 season, according to WGA statistics.
LOS ANGELES, May 1 (Reuters) - Thousands of film and television writers will go on strike starting Tuesday, throwing Hollywood into turmoil as the entertainment business grapples with seismic changes triggered by the global streaming TV boom. The rise of streaming has led to declining television ad revenue, as traditional TV audiences shrink and advertisers go elsewhere. The last WGA strike, in 2007 and 2008, cost the California economy an estimated $2.1 billion as productions shut down and out-of-work writers, actors and producers cut back spending. Writers say they have suffered financially during the streaming TV boom, in part due to shorter seasons and smaller residual payments. Half of TV series writers now work at minimum salary levels, compared with one-third in the 2013-14 season, according to Guild statistics.
How will TV shows be affected by the Hollywood writers strike?
  + stars: | 2023-05-02 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Mike BlakeLOS ANGELES, May 1 (Reuters) - Thousands of Hollywood film and television writers will go on strike starting Tuesday, an action that will disrupt TV production. How will the walkout by the Writers Guild of America's affect viewers' favorite TV shows and movies? Which shows will feel the first impact of the strike? A protracted strike could delay the start of the fall television season, when networks debut new scripted shows and fresh seasons of their hits. Netflix (NFLX.O), which makes shows around the world, has said it can feed its service with shows produced outside the United States.
LOS ANGELES, May 1 (Reuters) - The group representing Hollywood studios in labor talks with film and television writers said in a statement that negotiations had ended on Monday without the two sides reaching a deal. Reporting by Lisa Richwine; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.
"The companies' behavior has created a gig economy inside a union workforce," said the WGA, which represents roughly 11,500 writers. The rise of streaming has led to declining television ad revenue, as traditional TV audiences shrink and advertisers go elsewhere. The last WGA strike in 2007 and 2008 lasted 100 days. Writers say they have suffered in the streaming TV boom with shorter seasons and smaller residual payments. Reporting by Lisa Richwine and Dawn Chmielewski in Los Angeles; Editing by Kenneth MaxwellOur Standards: The Thomson Reuters Trust Principles.
REUTERS/Alyssa PointerLOS ANGELES, May 1 (Reuters) - Negotiators for Hollywood writers and film and television studios engaged in 11th-hour contract talks on Monday to try and avert a strike that would disrupt TV production across an industry grappling with seismic changes. The Writers Guild of America could call a work stoppage as early as Tuesday if it cannot reach a deal with companies such as Walt Disney Co (DIS.N) and Netflix Inc (NFLX.O). Writers say they have suffered financially during the streaming TV boom, in part due to shorter seasons and smaller residual payments. Half of TV series writers now work at minimum salary levels, compared with one-third in the 2013-14 season, according to Guild statistics. The WGA wants safeguards to prevent studios from using AI to generate new scripts from writers' previous work.
LOS ANGELES, May 1 (Reuters) - Negotiators for Hollywood writers and film and television studios engaged in 11th-hour contract talks on Monday to try and avert a strike that would disrupt TV production across an industry grappling with seismic changes. Writers say they have suffered financially during the streaming TV boom, in part due to shorter seasons and smaller residual payments. Half of TV series writers now work at minimum salary levels, compared with one-third in the 2013-14 season, according to Guild statistics. The WGA wants safeguards to prevent studios from using AI to generate new scripts from writers' previous work. The last WGA strike in 2007 and 2008 lasted 100 days.
Factbox: Why are Hollywood writers threatening to strike?
  + stars: | 2023-05-01 | by ( ) www.reuters.com   time to read: +2 min
LOS ANGELES, May 1 (Reuters) - Hollywood writers and the film and television studios are racing to agree to a new contract to replace the one that expires at 11:59 p.m. Pacific time Monday. Why is the Writers Guild of America threatening a strike? The writers argue that they have been negatively impacted by streaming, saying they are working more for less money. They're seeking better compensation for their work on film, television and streaming shows, and residual payments that reward writers when a show becomes a hit. Striking writers are prohibited from doing work on any television or film project.
Florida lawmakers passed legislation that ended Disney's virtual autonomy in central Florida where the Disney World theme parks attract millions of visitors each year. "Disney now is forced to defend itself against a State weaponizing its power to inflict political punishment," the company said. DeSantis has argued that Disney, which employs roughly 75,000 people in Florida, had been enjoying unfair advantages for decades. Carlos Curbelo, a former U.S. Republican congressman from Miami, said DeSantis' attacks on Disney "made sense for a time." Florida's new oversight body on Wednesday said Disney's plans for potential expansion of Disney World did not comply with state law, and declared that agreement void.
Florida lawmakers passed legislation that ended Disney's virtual autonomy in central Florida where the Disney World theme parks are located and attract millions of visitors each year. In the action filed in federal court in Tallahassee, Disney said it had no choice but to take legal action. DeSantis has argued that Disney, which employs roughly 75,000 people in the Florida, had been operating with unfair advantages for decades. Carlos Curbelo, a former U.S. Republican congressman from Miami, said DeSantis' attacks on Disney "made sense for a time." Florida's new oversight board on Wednesday said Disney's plans for potential expansion of Disney World did not comply with state law, and declared that agreement void.
April 26 (Reuters) - Walt Disney Co (DIS.N) sued Florida Republican Governor Ron DeSantis on Wednesday, asking a court to overturn state efforts to control the Walt Disney World theme parks and intensifying a battle between a global entertainment giant and a potential White House contender. A DeSantis spokesman called Disney's action "an unfortunate example of their hope to undermine the will of Florida voters." Disney also argues it was denied its First Amendment rights to free speech. State Republicans last year targeted Disney after it publicly clashed with DeSantis. But before the takeover by DeSantis' appointees, Disney pushed through changes to the special tax district agreement that limit the board's action for decades.
Disney sued DeSantis on Wednesday to block a state law that created an oversight board that Disney said will interfere with billions of dollars of planned development. Disney alleges a law that imposed an oversight board was punishment for voicing opposition to DeSantis' classroom instruction law known as the Parental Rights in Education Act. The gender-education statute, derided by critics as the "Don't Say Gay" law, survived challenges in federal court before a different judge. Free speech has been central to several rulings by Walker against DeSantis, although the judge has also at times sided with the governor. Walker said Florida had become a place where the First Amendment allowed, rather than prevented, the state to limit speech.
April 26 (Reuters) - Walt Disney Co (DIS.N) sued Florida Republican Governor Ron DeSantis on Wednesday, asking a federal court to overturn state efforts to exert greater control over the Walt Disney World theme parks. DeSantis responded by urging the legislature to abolish a special district that gave Disney virtual autonomy over the development of its theme parks in central Florida. The Florida State legislature created the Reedy Creek Improvement District in 1967 to promote the development of Walt Disney World on a 38.5-square miles of land. HOW DO VOTERS FEEL ABOUT THE DESANTIS VS. DISNEY BATTLE? Forty-four percent of Republican respondents in an April Reuters/Ipsos poll said they had a more favorable view of DeSantis because of the fight with Disney.
Giant screen options include pioneer IMAX and various premium large formats (PLF) created by theater chains. For Missouri-based B&B Theatres, about half of a multiplex's grosses now come from premium formats, compared with 30% before the pandemic, said Chief Content, Programming and Development Officer Brock Bagby. B&B operates 531 screens in 14 states and offers large format screens with heated recliners, 270-degree Screen X screens, immersive audio and MX4D seats timed to rumble with the action. "Post-COVID, our premium screens are selling better than ever," Bagby said. As a sign of its importance, Universal's Orr and other studio distribution executives said they consult Gelfond about IMAX screen availability before setting movie release dates.
April 19 (Reuters) - Florida Governor Ron DeSantis' new oversight board has discovered another "11th hour agreement" that allows Walt Disney Co (DIS.N) to set its own utility rates at its Orlando theme parks, the board's chairman said on Wednesday. A Disney subsidiary, which provides utility services to the central Florida district that includes the Walt Disney World Resort, negotiated an agreement in February to extend its contract through 2032, Chairman Martin Garcia said at a public meeting. "Last Friday afternoon I learned for the first time about one of these new 11th hour agreements entered into between Disney and the district. "We'll have to evaluate the legality of that agreement, that essentially enables Disney to set their utility rates. The board was established to provide state oversight of a special district around Walt Disney World.
Revenue and earnings for the first quarter came in roughly in line with the average analyst estimates from Refinitiv. Shares of Netflix dropped as much as 11% in after-hours trade following the report but recovered to gain 1.4%. From January through March, Netflix added 1.75 million streaming subscribers, missing analyst estimates of 2.06 million additions. The clampdown on password sharing will begin in the United States during the current quarter, Netflix said. UBS media analyst John Hodulik wrote that the password- sharing crackdown could well fuel Netflix's nascent advertising business, as it drives these "sharers" to the lower-priced version of the service.
[1/3] Former New Jersey Governor Chris Christie speaks at the Institute of Politics at St. Anselm College in Manchester, New Hampshire, U.S., March 27, 2023. REUTERS/Brian Snyder/File PhotoApril 18 (Reuters) - Former New Jersey Governor Chris Christie joined former U.S. President Donald Trump on Tuesday in criticizing a fellow Republican, Florida Governor Ron DeSantis, over his feud with the Walt Disney Co. (DIS.N). "I don’t think Ron DeSantis is a conservative based on his actions towards Disney,” added Christie, who is also said to be considering a run for the 2024 Republican presidential nomination. Trump, who could be DeSantis' top rival for the Republican presidential nomination in 2024, has called the Florida governor's war with Disney a "political stunt" and suggested it could backfire on the party. DeSantis and the Florida legislature have been working to eliminate the virtual autonomy the company has enjoyed over the Disney World resort and amusement parks for more than 50 years, saying that constitutes an "unfair advantage."
Revenue and earnings for the first quarter, revealed in an earnings report on Tuesday, came in roughly in line with Wall Street expectations, according to analyst estimates from Refinitiv. From January through March, Netflix added 1.75 million streaming subscribers, missing analyst estimates of 2.06 million additions. Wall Street had been projecting $8.476 billion for revenue and $3.05 for diluted EPS. The company has said 100 million households are sharing passwords, including about 30 million households in the U.S. and Canada. If Netflix could convert 100% of those password-sharers, that would generate $4.4 billion in incremental revenue, according to MoffettNathanson estimates.
DeSantis told an Orlando radio station on Monday that the bill would "formally nullify" a development agreement Disney struck with outgoing members of the oversight board that ties the hands of DeSantis' appointees. "To do an end-run around the people of Florida shows how arrogant they are," DeSantis told the host of WFLA's "Good Morning Orlando." He and the Florida legislature have been working to eliminate the virtual autonomy the company enjoyed over Walt Disney World for more than century. Before the takeover by DeSantis appointees, Disney pushed through changes to the special tax district agreement that limit the board's action for decades. It also ensures that future boards would honor a commitment to $527 million in planned capital improvements to support Walt Disney World’s growth over the next decade.
April 17 (Reuters) - Florida Governor Ron DeSantis on Monday fired another shot in his battle with Walt Disney Co (DIS.N), saying the state's Republican legislature would take steps to nullify the company's effort to circumvent state oversight of Walt Disney World. DeSantis said the new bill, announced on Monday, would return control of the special district that is home to Disney World to a state oversight board run by the governor's appointees. [1/2] People gather ahead of the "Festival of Fantasy" parade at the Walt Disney World Magic Kingdom theme park in Orlando, Florida, U.S. July 30, 2022. Before the takeover by DeSantis appointees, Disney pushed through changes to the special tax district agreement that limit the board's action for decades. It also ensures that future boards would honor a commitment to $527 million in planned capital improvements to support Walt Disney World’s growth over the next decade.
LOS ANGELES, April 17 (Reuters) - Hollywood writers voted overwhelmingly in favor of giving union negotiators the power to call a strike, moving a step closer to a production shutdown that would hamper studios and disrupt what viewers see on television. The Writers Guild of America (WGA) on Monday said 97.85% of members who voted supported letting negotiators order a work stoppage if they do not have a new contract by May 1. Nearly 80% of the group's 11,500 members voted. The last WGA strike in 2007 and 2008 lasted 100 days. If a strike is called, audiences would first see the impact on late-night talk shows, which use teams of writers to pen topical jokes.
Negotiators for the Writers Guild of America (WGA) have asked the roughly 11,500 members to give them the power to call a strike after May 1 if contract talks break down. The last WGA strike, in 2007 and 2008, lasted 100 days. Film and television work has rebounded, but movie-going remains below pre-pandemic levels, despite blockbusters such as "Avatar: The Way of Water." Residuals paid to TV writers hit an unprecedented $493.6 million in 2021. In 2017, WGA members authorized a strike but reached a deal hours before writers headed to picket lines.
REUTERS/Neil Hall/File PhotoLOS ANGELES, April 12 (Reuters) - Boy wizard Harry Potter is headed to streaming television in a new series based on the beloved books by author J.K. Rowling. Warner Bros Discovery (WBD.O) announced the series on Wednesday as part of the company's plans for its Max streaming service, which combines HBO Max with unscripted programming from Discovery. The seven Harry Potter books have sold more than 600 million copies worldwide. Harry Potter fan blogs and actors including Radcliffe objected to her remarks. Other new shows coming to Max include a new "Game of Thrones" prequel, titled "A Knight of the Seven Kingdoms: The Hedge Knight," with author George R.R.
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