Hollywood actors and screenwriters join forces on the picket lines starting Friday, after the Screen Actors Guild (SAG-AFTRA) union failed to reach an agreement with the Film and Television Producers Alliance (AMPTP), the organization that represents major Hollywood studios and platforms such as Disney, NBCUniversal, Paramount, Sony, Warner Bros. Discovery, Netflix, Amazon and Apple. It will be the industry’s biggest shutdown in 63 years: it’s the first time both unions have gone on strike simultaneously since 1960, when actor (and future US president) Ronald Reagan led the protests. One of the main complaints from actors concerns the drop in payments known as “residuals”. The substantial amounts that artists used to receive when successful shows or films they participated in were shown on television have practically disappeared because streaming platforms today refuse to disclose their numbers of audience. Instead, platforms pay the same flat fee for all shows available on their platforms, which can mean little return for a global hit. Further complicating the picture is the issue of artificial intelligence. Both actors and screenwriters want guarantees to regulate its future use, but the studios have so far refused to budge. What does this “double whammy” mean for Tinseltown and the “dream factory”?
Will the big stars go on strike?
Matt Damon, Emily Blunt, Cillian Murphy and Florence Pugh pose at the London premiere of “Oppenheimer” on July 13 before going on strike” data-title=”The “double whammy” and an existential crisis: what strike means of Hollywood actors and screenwriters? – SAPO Mag”>
How do strikes affect movies and shows?
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Will foreign productions be affected?
SAG-AFTRA is an American labor union based in Los Angeles. But that doesn’t mean the impact of the strike will be confined to US borders.” When SAG-AFTRA actors are working on a film that is to be shot in Europe, Australia, Asia or wherever, they will have to stop working”, explains lawyer Jonathan Handel. The strike also prevents members from promoting films and series, which means that premieres and major fall cinema such as Venice and Toronto will be affected unless the strike ends. As things stand, “if a film was filmed with SAG-AFTRA actors, the actors cannot promote it at the Fall Film Festival. Venice” scheduled to start at the end of August, explains Handel.
How long will the strike last?
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What is the economic impact?
From accounting to catering to transportation, many companies are linked to the entertainment industry. This makes the financial impact of a Hollywood strike difficult to calculate, but undeniably huge.”15 years ago, when the writers were on strike – it was a 100-day strike — and the estimate was just over $2 billion. That’s $20 million a day,” Handel said. Adjusted for inflation, that’s nearly $30 million a day lost in California alone, he noted. “Believe me, our hearts are bleeding that we have to make this decision,” said Fran Drescher at the press conference. sand and it’s a terrible thing to do. But we were forced into it,” explained the union leader and remembered star and co-creator of the 1990s comedy “The Nanny”.