Hollywood Strikes Are Over! - SAG-AFTRA agrees to a deal

TsWade2

Well-Known Member
Disney's Next Earnings Call is only a few weeks away. This should be very interesting.
I don’t think I’m interested, because I can tell it’s very very very bad news. And I’m betting Bob Iger will say he doesn’t care about the strikers.😢
 
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Demarke

Have I told you lately that I 👍 you?
I don’t think I’m interested, because I can tell it’s very very very bad news. And I’m betting Bob Iger will say they don’t care about the strikers.😢
To be fair, the product of much of the strikers has been what’s cost the company $100’s millions in productions and billions in market cap. As a stockholder who has seen the press for the live action “Snow White” remake, maybe some time away from making movies will at least keep the company from dropping another $10 a share in the next quarter or two.
 

TsWade2

Well-Known Member
To be fair, the product of much of the strikers has been what’s cost the company $100’s millions in productions and billions in market cap. As a stockholder who has seen the press for the live action “Snow White” remake, maybe some time away from making movies will at least keep the company from dropping another $10 a share in the next quarter or two.
You think so?
 

Vegas Disney Fan

Well-Known Member
To be fair, the product of much of the strikers has been what’s cost the company $100’s millions in productions and billions in market cap. As a stockholder who has seen the press for the live action “Snow White” remake, maybe some time away from making movies will at least keep the company from dropping another $10 a share in the next quarter or two.
I have some sympathy for the artists but their timing couldn’t be worse, the industry is losing money right now.

Many of the actors stories I’ve read remind me of documentaries about musicians I’ve read, because there’s a a million artists trying to make it they will sign any horrible contract put in front of them in an attempt to get discovered, the reality is artists only get paid big after they’ve already become stars and can negotiate their second contract with some power.

The flip side is for every actor upset they’re not making bank for their surprise hit (orange is the new black, etc) there’s hundreds of actors who aren’t reimbursing the studios because they lost money on their box office bomb. The good pay for the bad.
 

TsWade2

Well-Known Member
Those AMPTP are so greedy and stupid. And I doubt Gavin Newsom will end the strikes. I hope it ends before 2024. And no, Bloomberg is not reliable.
 

TP2000

Well-Known Member
Original Poster
The flip side is for every actor upset they’re not making bank for their surprise hit (orange is the new black, etc) there’s hundreds of actors who aren’t reimbursing the studios because they lost money on their box office bomb. The good pay for the bad.

That's an interesting point. Indy 5 is going to lose at least $200 Million for Disney.

Something tells me the 81 year old Harrison Ford isn't going to send Disney a reimbursement check for his Indy 5 salary, even though Mr. Ford has a reported net worth of $300+ Million. 🤔
 

TsWade2

Well-Known Member
That's an interesting point. Indy 5 is going to lose at least $200 Million for Disney.

Something tells me the 81 year old Harrison Ford isn't going to send Disney a reimbursement check for his Indy 5 salary, even though Mr. Ford has a reported net worth of $300+ Million. 🤔
Sad, but true.☹️
 

TP2000

Well-Known Member
Original Poster
And I doubt Gavin Newsom will end the strikes.

Gavin has to at least pretend to get involved.

His second biggest city (San Francisco) is already collapsing into a heap of crashing commercial real estate, mass tech layoffs, and empty storefronts inhabited by drug addicted nutjobs yelling at clouds and scaring all the tourists away.

Now his biggest city (Los Angeles) is threatening to collapse under the weight of a local media economy grinding to a halt, in a city that already has all the same drug addiction and crime problems that San Francisco has.


There is one part of the LA economy that is suddenly booming during the strike though; Plastic Surgeons. 🤣 🤣 🤣

 
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Vegas Disney Fan

Well-Known Member
Gavin has to at least pretend to get involved.

His second biggest city (San Francisco) is already collapsing into a heap of crashing commercial real estate, mass tech layoffs, and empty storefronts inhabited by drug addicted nutjobs yelling at clouds and scaring all the tourists away.

Now his biggest city (Los Angeles) is threatening to collapse under the weight of a local media economy grinding to a halt.


There is one part of the LA economy that is suddenly booming during the strike though; Plastic Surgeons. 🤣 🤣 🤣


He can’t take the actors side, AI companies are starting to rent a lot of the vacant space in San Fran, they need the new AI companies to stop the real estate collapse.
 

Jedijax719

Well-Known Member
This is a really bad cycle starting at the absolute worst time (except for during COVID). All studios are struggling to an extent. There's no longer any consistent, guaranteed success formula. Which movie becomes a massive hit is now a crapshoot it would seem. So studios don't have the cash to pay those who are striking unless the money comes straight out of the pockets of the executives and the A-list performers. And, as a result, Hollywood and streaming go on a hiatus, causing MUCH worse losses and stoppage of money flow. How does this end? With executives agreeing to pay people for their roles in mostly massive underperforming works that are caused by the executives in the first place? Wow! What a mess!!!
 

TP2000

Well-Known Member
Original Poster

Tha Realest

Well-Known Member
This is a really bad cycle starting at the absolute worst time (except for during COVID). All studios are struggling to an extent. There's no longer any consistent, guaranteed success formula. Which movie becomes a massive hit is now a crapshoot it would seem. So studios don't have the cash to pay those who are striking unless the money comes straight out of the pockets of the executives and the A-list performers. And, as a result, Hollywood and streaming go on a hiatus, causing MUCH worse losses and stoppage of money flow. How does this end? With executives agreeing to pay people for their roles in mostly massive underperforming works that are caused by the executives in the first place? Wow! What a mess!!!
Yes. But. This is also coming on the heels of a phase over the last five years where if you had experience and a pulse you got a show/movie/miniseries greenlit to feed the content beast. After a few years, it’s obvious the great majority of that was absolute garbage and immediately forgotten. So, I think it’s due in part to streamers consolidation and needing to reign in costs. Heck, look at most of what Disney is wiping away with in terms of original content - how many knew those films or series existed, or will miss them once gone?
 

TsWade2

Well-Known Member
I’m know I shouldn’t be here, but I have news. The actors and possibly writers will negotiate with the AMPTP this Friday. Please do it right!🤞
 

TP2000

Well-Known Member
Original Poster
Forget the "Learn To Code" career advice for these writers and actors, it seems the "Learn To Install Solar Panels" advice is better.

After all, they've already got the arms for that type of manual labor.

 

TsWade2

Well-Known Member
Forget the "Learn To Code" career advice for these writers and actors, it seems the "Learn To Install Solar Panels" advice is better.

After all, they've already got the arms for that type of manual labor.

There will be official negotiations this Friday.
 

DCBaker

Premium Member
"The writers strike is heading towards its 100th day, but there’s a new sense of guarded optimism that both parties – the WGA and the studios, represented by the AMPTP – are on the verge of a making a breakthrough.

The scribes and the studios are discussing a move that would bring them back to the negotiating table to hammer out a deal that could end at least one of the strikes that is currently taking over Hollywood, we hear.

It marks the first significant step towards progress since the writers strike began May 2, and is the first time in three months insiders have felt cautiously optimistic that official talks can resume.

“The discussions are centered on creating committees to examine the issues,” one source told Deadline.

The topics at the top of the agenda include minimum staffing, duration of employment, a viewership-based streaming residual, and AI. There’s hope that they can find a compromise on the latter, at least. However, multiple sources contend the situation is in the early stages and still quite fluid.

Some of the studio bosses, including Netflix’s Ted Sarandos, as well as the likes of Disney’s Dana Walden and Alan Bergman, weighed in on the matter with the Alliance of Motion Picture and Television Producers on Friday. Discussing both the SAG-AFTRA and WGA labor actions, the gathering of execs was intended in no small part to “bring the temperature down,” according to one well-positioned source."

Full article below.

 

TsWade2

Well-Known Member
"The writers strike is heading towards its 100th day, but there’s a new sense of guarded optimism that both parties – the WGA and the studios, represented by the AMPTP – are on the verge of a making a breakthrough.

The scribes and the studios are discussing a move that would bring them back to the negotiating table to hammer out a deal that could end at least one of the strikes that is currently taking over Hollywood, we hear.

It marks the first significant step towards progress since the writers strike began May 2, and is the first time in three months insiders have felt cautiously optimistic that official talks can resume.

“The discussions are centered on creating committees to examine the issues,” one source told Deadline.

The topics at the top of the agenda include minimum staffing, duration of employment, a viewership-based streaming residual, and AI. There’s hope that they can find a compromise on the latter, at least. However, multiple sources contend the situation is in the early stages and still quite fluid.

Some of the studio bosses, including Netflix’s Ted Sarandos, as well as the likes of Disney’s Dana Walden and Alan Bergman, weighed in on the matter with the Alliance of Motion Picture and Television Producers on Friday. Discussing both the SAG-AFTRA and WGA labor actions, the gathering of execs was intended in no small part to “bring the temperature down,” according to one well-positioned source."

Full article below.

We'll see how it goes this Friday. I think there's hope that the double strike will end shortly, that is, I hope it does.🤞
 

DKampy

Well-Known Member
"The writers strike is heading towards its 100th day, but there’s a new sense of guarded optimism that both parties – the WGA and the studios, represented by the AMPTP – are on the verge of a making a breakthrough.

The scribes and the studios are discussing a move that would bring them back to the negotiating table to hammer out a deal that could end at least one of the strikes that is currently taking over Hollywood, we hear.

It marks the first significant step towards progress since the writers strike began May 2, and is the first time in three months insiders have felt cautiously optimistic that official talks can resume.

“The discussions are centered on creating committees to examine the issues,” one source told Deadline.

The topics at the top of the agenda include minimum staffing, duration of employment, a viewership-based streaming residual, and AI. There’s hope that they can find a compromise on the latter, at least. However, multiple sources contend the situation is in the early stages and still quite fluid.
At
Some of the studio bosses, including Netflix’s Ted Sarandos, as well as the likes of Disney’s Dana Walden and Alan Bergman, weighed in on the matter with the Alliance of Motion Picture and Television Producers on Friday. Discussing both the SAG-AFTRA and WGA labor actions, the gathering of execs was intended in no small part to “bring the temperature down,” according to one well-positioned source."

Full article below.

Perhaps Barbenheimer could not have come at a better time
 

TsWade2

Well-Known Member
Okay, it seems like the AMPTP is not ready to negotiate the actors yet, however, the AMPTP are ready to make negotiations with the writers this Friday to hopefully end the writers strike. I guess the actors negotiations will come next after the writers.
 

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