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14-07-2023, 02:20 PM
By Lisa Richwine and Dawn Chmielewski
July 14, 20231:09 PM GMT+8Updated an hour ago
LOS ANGELES, July 13 (Reuters) - Hollywood actors will go on strike at midnight on Thursday after talks with studios broke down, joining film and television writers who have been on picket lines since May and deepening the disruption of scores of shows and movies.
Studios now face their first dual work stoppage in 63 years, forcing them to halt many productions across the United States and abroad. The twin strikes will add to the economic damage from the writers walkout, delivering another blow to an industry struggling with changes to its business.
Both SAG-AFTRA - Hollywood's largest union, representing 160,000 film and television actors - and the Writers Guild of America (WGA) are demanding increases in base pay and residuals in the streaming TV era plus assurances that their work will not be replaced by artificial intelligence (AI).
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The studios also put forward "a groundbreaking AI proposal that protects actors' digital likenesses," the AMPTP said. Actors are worried that their digital images will be used without their permission or proper compensation.
......
The walkout by SAG-AFTRA, which represents actors from bit-part players to Hollywood's biggest movie stars, will effectively shutter the studios' remaining U.S.-based productions of film and scripted television.
It will also hamper many overseas shoots involving SAG-AFTRA talent
......
Actors say the rise of the streaming era has made it harder to earn their livelihoods, especially for the many thousands of SAG-AFTRA members who are not household names.
"You have to make US$26,000 a year to qualify for your health insurance and there are a lot of people who get across that threshold through their residual payments," actor Matt Damon said at a promotional event held for the film "Oppenheimer" on Wednesday. "There's money being made and it needs to be allocated in a way that takes care of people who are on the margins."
Many streaming services, however, have yet to turn a profit after companies spent billions of dollars on programming to try and attract customers.
Disney, Comcast Corp's (CMCSA.O) NBCUniversal and Paramount Global (PARA.O) each lost hundreds of millions of dollars from streaming in the most recent quarter. At the same time, the rise of online video has eroded television ad revenue as traditional TV audiences shrink and movie ticket sales remain below pre-pandemic levels.
Full report at: https://www.reuters.com/world/us/hollywo...023-07-13/
July 14, 20231:09 PM GMT+8Updated an hour ago
LOS ANGELES, July 13 (Reuters) - Hollywood actors will go on strike at midnight on Thursday after talks with studios broke down, joining film and television writers who have been on picket lines since May and deepening the disruption of scores of shows and movies.
Studios now face their first dual work stoppage in 63 years, forcing them to halt many productions across the United States and abroad. The twin strikes will add to the economic damage from the writers walkout, delivering another blow to an industry struggling with changes to its business.
Both SAG-AFTRA - Hollywood's largest union, representing 160,000 film and television actors - and the Writers Guild of America (WGA) are demanding increases in base pay and residuals in the streaming TV era plus assurances that their work will not be replaced by artificial intelligence (AI).
......
The studios also put forward "a groundbreaking AI proposal that protects actors' digital likenesses," the AMPTP said. Actors are worried that their digital images will be used without their permission or proper compensation.
......
The walkout by SAG-AFTRA, which represents actors from bit-part players to Hollywood's biggest movie stars, will effectively shutter the studios' remaining U.S.-based productions of film and scripted television.
It will also hamper many overseas shoots involving SAG-AFTRA talent
......
Actors say the rise of the streaming era has made it harder to earn their livelihoods, especially for the many thousands of SAG-AFTRA members who are not household names.
"You have to make US$26,000 a year to qualify for your health insurance and there are a lot of people who get across that threshold through their residual payments," actor Matt Damon said at a promotional event held for the film "Oppenheimer" on Wednesday. "There's money being made and it needs to be allocated in a way that takes care of people who are on the margins."
Many streaming services, however, have yet to turn a profit after companies spent billions of dollars on programming to try and attract customers.
Disney, Comcast Corp's (CMCSA.O) NBCUniversal and Paramount Global (PARA.O) each lost hundreds of millions of dollars from streaming in the most recent quarter. At the same time, the rise of online video has eroded television ad revenue as traditional TV audiences shrink and movie ticket sales remain below pre-pandemic levels.
Full report at: https://www.reuters.com/world/us/hollywo...023-07-13/
