Tag: SAG-AFTRA
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Warner Bros. Discovery Says It’s “Really Shut Down” As Writers Strike Continues
Warner Bros. Discovery continues to feel the impact of the ongoing writers and actors strike. Following last week’s news that the company could lose up to $500 million in adjusted earnings for 2023, executives are reiterating their desire to resolve the strikes and “get back to work,” according to Deadline. “From an operational/financial perspective, we’re…
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Hollywood is Running Out of Time to End the Strike and Save the Fall TV Season, Dooming Us With Reality TV & Reruns
There’s seemingly no end in sight for the actors or writers strikes even as the fall TV season — the window for when networks premiere their biggest shows — approaches fast. The Writers Guild of America and SAG-AFTRA and the Alliance of Motion Picture and Television Producers (AMPTP) need to find common ground by October…
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Warner Bros. Discovery Could Lose Up to $500 Million This Year Amid Strikes
The ongoing writers and actors strikes are poised to hit Warner Bros. Discovery (WBD) where it hurts — its bottom line. WBD said it could see the strikes costing $300 million to $500 million in adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) for 2023. In a filing with the Securities and Exchange Commission,…
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Entertainment Industry Loses 17,000 Jobs in August As Strike Continues
The Hollywood writers’ strike has surpassed 120 days and the U.S’s labor market is starting to feel the effects. The motion picture and sound recording industries lost 17,000 jobs “reflecting strike activity,” according to an employment report from the US Bureau of Labor Statistics. The Writers Guild America and SAG-AFTRA are demanding concessions like increased…
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Actors Threaten Lifetime Bans From SAG-AFTRA For Anyone Who Works With Studios
The Screen Actors Guild (SAG-AFTRA) is in full swing and has issued a warning to all social media influencers: Don’t cross the picket line. The guidelines for the actors’ strike include future talents as well, including those who aren’t current union members. As outlined in the SAG-AFTRA Strike Notice And Order, “Any non-member seeking future…
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Actors May Go on Strike Tomorrow Joining The Writers
The Screen Actors Guild (SAG-AFTRA) is preparing to go on strike starting tomorrow at midnight if a deal between the union and the Alliance of Motion Picture and Television Producers cannot be reached. The current contract expired on June 30th, though both sides have agreed to extend the deadline to July 12th at midnight PT…
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Actors Agree to Delay Their Strike For Now
Back in June, the Screen Actors Guild (SAG-AFTRA) approved a motion to strike ahead of the negotiation span ending tomorrow in light of the ongoing writers’ strike. SAG-AFTRA President Fran Drescher revealed an update stating negotiations were still underway and the Guild is “standing strong and we are going to achieve a seminal deal.” Now…