There's a really easy solution for this problem.
The Big Picture In a contradictory turn of events, David Zaslav is apparently worried about the amount of money the ongoing dual strike will cost studios. According to The Hollywood Reporter, the strikes organized by the Writers Guild of America and SAG-AFTRA will make Warner Bros. lose from $300 million, or up to $500 million this year.
One of the main points of interest surrounding both strikes is directly related to studios not paying residuals for the titles that become popular on streaming platforms. Regardless if what's trending is a fresh streaming production or something produced for cable many years ago that became popular once again thanks to the internet, the writers and actors behind these movies and television series weren't properly compensated for their hard work.
In addition to actors and writers not being able to make a living from what they work on, several major productions have stopped filming or delayed their development thanks to the strike. Audiences won't be able to enjoy the next movie on the Alien franchise or the upcoming Harry Potter television series until studios come up with a decent proposal for the guilds.
When Will the Strikes End? There's no way of predicting when the strikes organized by SAG-AFTRA and the Writers Guild of America will end. After several occasions when both parties attempted to negotiate a deal, there doesn't appear to be an end in sight for the situation, leaving the state of the industry in a big place of uncertainty.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
“Deliberate Effort To Prolong The Strike”: Studios Blasted By SAG Chief Negotiator For Refusing TalksWhen will the SAG-AFTRA strike end?
Read more »
Rich Vogel & Mark Tucker Interview: T-Minus Zero Studios on Game CreationFounders discuss creating T-Minus Zero.
Read more »
Viacom18 Studios Chief Ajit Andhare Reveals Growth Strategy After Trio of Hits (EXCLUSIVE)Billionaire Mukesh Ambani’s Viacom18 Studios has just delivered three back-to-back theatrical hits in India. Now it has plans for further expansion in the market. The company distributes all …
Read more »
Taylor Swift's Eras Tour Movie Success Just Crushed Every Excuse Studios Have In The StrikesSwift's Eras Tour movie proved studios wrong.
Read more »
‘All of American Labor Has Joined Our Fight’: SAG-AFTRA Chief Pushes Studios to Negotiate as Actors Strike Hits Day 53 (Guest Column)Labor Day is more than a long weekend of beaches, barbecues and block parties. It’s a national celebration marking the economic and social contributions of American workers. How ironic, then, that …
Read more »
Warner Bros. Reveals Strike-Related Loss Projection (& It's More Than Writers Are Asking For)When will studios actually negotiate?
Read more »