Stock Market News

Hollywood writers to evaluate counterproposal from studios

2023.08.12 00:06


© Reuters. SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line during their ongoing strike outside Sunset Bronson studios and Netflix offices in Los Angeles, California, U.S., August 11, 2023. REUTERS/Mario Anzuoni

(Reuters) – The union representing striking Hollywood writers said on Friday it had received a counterproposal from the studios that it would consider, an apparent sign of progress in the more than 100-day-old strike.

The Writers Guild of America (WGA) said it would respond next week “after deliberation” on the offer from the Alliance of Motion Picture and Television Producers, which negotiates on behalf of companies including Walt Disney (NYSE:) and Netflix (NASDAQ:).

Both sides met on Aug. 4 to discuss resuming talks and the issues each intended to bring to the bargaining table, but the WGA afterwards criticized the studios in a sign the talks were strained.

The strike by Hollywood writers began on May 2 after talks between the WGA and the major studios reached an impasse over compensation, minimum staffing of writers’ rooms and residual payments in the streaming era, among other issues.

Actors represented by the Screen Actors Guild went on strike on July 14 also over pay and artificial intelligence, effectively halting production of scripted television shows and films and affecting businesses throughout the entertainment world’s orbit. It is the first time both unions have gone on strike since 1960.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 84,238.57 4.44%
ethereum
Ethereum (ETH) $ 2,324.70 6.59%
tether
Tether (USDT) $ 0.999023 0.01%
xrp
XRP (XRP) $ 2.21 3.68%
bnb
BNB (BNB) $ 608.36 2.00%
solana
Solana (SOL) $ 135.02 6.09%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.202818 3.38%
cardano
Cardano (ADA) $ 0.649605 4.03%
staked-ether
Lido Staked Ether (STETH) $ 2,324.88 6.55%
tron
TRON (TRX) $ 0.225096 2.34%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,995.50 4.58%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,771.86 6.72%
chainlink
Chainlink (LINK) $ 15.22 0.02%
litecoin
Litecoin (LTC) $ 124.27 8.75%
avalanche-2
Avalanche (AVAX) $ 21.74 0.73%
sui
Sui (SUI) $ 2.88 1.41%
stellar
Stellar (XLM) $ 0.285925 1.75%
the-open-network
Toncoin (TON) $ 3.48 2.17%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 1.51%
leo-token
LEO Token (LEO) $ 9.03 1.33%
hedera-hashgraph
Hedera (HBAR) $ 0.195009 0.43%
usds
USDS (USDS) $ 0.999746 0.08%
polkadot
Polkadot (DOT) $ 4.77 2.09%
mantra-dao
MANTRA (OM) $ 7.16 6.68%
weth
WETH (WETH) $ 2,325.93 6.51%
hyperliquid
Hyperliquid (HYPE) $ 19.58 4.32%
bitcoin-cash
Bitcoin Cash (BCH) $ 295.95 1.71%
ethena-usde
Ethena USDe (USDE) $ 0.999011 0.03%
bitget-token
Bitget Token (BGB) $ 4.03 6.69%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,467.43 6.47%
uniswap
Uniswap (UNI) $ 7.85 6.57%
monero
Monero (XMR) $ 212.43 1.34%
whitebit
WhiteBIT Coin (WBT) $ 26.12 2.96%
near
NEAR Protocol (NEAR) $ 3.01 1.60%
pepe
Pepe (PEPE) $ 0.000008 1.27%
aptos
Aptos (APT) $ 5.83 2.13%
dai
Dai (DAI) $ 0.999942 0.02%
ondo-finance
Ondo (ONDO) $ 0.974758 1.73%
internet-computer
Internet Computer (ICP) $ 6.37 1.14%
aave
Aave (AAVE) $ 201.58 0.56%
bittensor
Bittensor (TAO) $ 358.74 5.19%
susds
sUSDS (SUSDS) $ 1.04 0.01%
ethereum-classic
Ethereum Classic (ETC) $ 18.60 1.12%
okb
OKB (OKB) $ 45.09 1.12%
gatechain-token
Gate (GT) $ 20.93 1.06%
official-trump
Official Trump (TRUMP) $ 12.95 3.34%
mantle
Mantle (MNT) $ 0.752019 6.54%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 84,383.61 4.20%
tokenize-xchange
Tokenize Xchange (TKX) $ 29.67 9.97%