100 days since strike, Hollywood writers, studios to return to bargaining desk

Negotiators for placing Hollywood writers and the key studios will return to the bargaining desk on Friday, the Writers Guild of America (WGA) stated because the strike marked greater than 100 days.

The Alliance of Motion Picture and Television Producers, the group representing Walt Disney (DIS.N), Netflix (NFLX.O), Warner Bros Discovery (WBD.O) and different studios, is anticipated to supply responses to proposals from the WGA, the union stated in a press release on Thursday.

The strike started on May 2 after talks between the WGA and the key studios reached an deadlock over compensation, minimal staffing of writers’ rooms and residual funds within the streaming period, amongst different points.

Writers additionally sought to manage the usage of synthetic intelligence, which they concern may exchange their artistic enter.

Studio executives have signaled their want for a well timed decision to the labor unrest throughout current earnings calls.

Both sides met on Aug. 4 to debate resuming talks and the problems every supposed to carry to the bargaining desk. But the WGA put out a press release afterwards essential of the studios, an indication that talks had been strained.

Disney Chief Executive Bob Iger on Wednesday prolonged an olive department to Hollywood writers and actors, citing his “deep respect” for artistic professionals.

“Nothing is more important to this company than its relationships with the creative,” Iger stated. “I have deep respect and appreciation for all those who are vital to the extraordinary creative engine that drives this company and our industry.”

Iger, who has a status as talent-friendly, angered placing Hollywood employees final month when he stated that their calls for had been “not realistic.”

The strike by about 11,500 writers has led to late-night reveals cancelling new episodes, disrupted most manufacturing for the autumn TV season and halted work on big-budget films.

The 160,000-member Screen Actors Guild (SAG) went on strike on July 14 additionally over pay and synthetic intelligence, for the primary twin strike since 1960.

Edited By:

Vadapalli Nithin Kumar

Published On:

Aug 11, 2023