{"id":1986205,"date":"2023-07-30T13:07:02","date_gmt":"2023-07-30T17:07:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/studios-to-wait-out-hollywood-strike-until-writers-are-losing-their-apartments\/"},"modified":"2023-07-30T13:08:41","modified_gmt":"2023-07-30T17:08:41","slug":"studios-to-wait-out-hollywood-strike-until-writers-are-losing-their-apartments","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/studios-to-wait-out-hollywood-strike-until-writers-are-losing-their-apartments\/","title":{"rendered":"Studios to hold off during Hollywood strike until writers face housing crisis."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fstudios-to-wait-out-hollywood-strike-until-writers-are-losing-their-apartments%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1986205&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The\u200c Entertainment Industry Faces an Industry-Wide Crisis<\/h2>\n<p>The entertainment business is currently facing an \u2063industry-wide crisis. The ongoing <a href=\"https:\/\/www.westernjournal.com\/final-nail-coffin-hollywood-60-projects-major-stars-exempt-strike\/\" target=\"_blank\" rel=\"noopener\">Hollywood<\/a> strike, now nearly three months in with\u200c no end in sight, is expected to persist as film and television studios are unwilling to come to the negotiating table.<\/p>\n<blockquote>\n<p>&#8220;The major studios and streaming platforms are reportedly\u2062 considering waiting out \u200bthe joint actors\u2019 and writers\u2019 strikes until\u200c &#8216;union members start losing their apartments and losing their\u2062 houses,&#8217; one studio \u200cexecutive told <a href=\"https:\/\/deadline.com\/2023\/07\/writers-strike-hollywood-studios-deal-fight-wga-actors-1235434335\/\" target=\"_blank\" rel=\"noopener\">Deadline<\/a> in a report\u200c published July 11.&#8221;<\/p>\n<\/blockquote>\n<p>The contract negotiations between executives and creatives\u2064 have largely been \u2063unproductive as no agreement\u2064 has\u200c been\u200c reached.<\/p>\n<p>On May 2, the Writers\u200b Guild of America started striking for better pay and working conditions, as well as \u200bcreative protection against artificial intelligence, once their contract expired. The Screen Actors Guild-American Federation of Television and Radio Artists \u200bjoined in \u2064solidarity with\u200c the writers on\u2064 July\u200d 14 after their negotiations failed.<\/p>\n<p>With two strikes\u2062 at once, \u2063Hollywood is <a href=\"https:\/\/www.westernjournal.com\/final-nail-coffin-hollywood-60-projects-major-stars-exempt-strike\/\" target=\"_blank\" rel=\"noopener\">largely at\u200b a standstill<\/a>. This means the actors and writers belonging to their <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/equal-pay-day-2021-where-do-women-actually-stand\/\" title=\"Equal Pay Day 2021: Where Do Women Actually Stand?\">respective unions<\/a> cannot work on any film or television projects.<\/p>\n<p>And it\u2019s looking like \u200dthe walkouts won\u2019t end anytime soon.<\/p>\n<blockquote>\n<p>&#8220;The <a href=\"https:\/\/www.westernjournal.com\/yellowstone-boss-reveals-woke-entertainment-giant-rejected-hit-show-middle-america\/\" target=\"_blank\" rel=\"noopener\">entertainment<\/a> \u2063companies, represented by the Alliance of Motion Picture and Television Producers, are planning to hold\u2063 out \u2062on contract talks with the WGA and SAG-AFTRA unions well into the fall, according to the Deadline report.&#8221;<\/p>\n<\/blockquote>\n<p>An anonymous producer told the outlet\u200b the \u200bstrike could last until late October before the AMPTP considers renegotiating.<\/p>\n<p>After seeing their stock rise since \u200cthe initial strike began, studios like <a href=\"https:\/\/www.westernjournal.com\/disney-dethroned-theme-park-competitor-hits-record-revenue-house-mouse-slumps\/\" target=\"_blank\" rel=\"noopener\">Disney<\/a>,\u200c <a href=\"https:\/\/www.westernjournal.com\/warner-bros-shouldnt-celebrate-barbie-just-yet-next-woke-film-projected-lose-200m\/\" target=\"_blank\" rel=\"noopener\">Warner Bros. Discovery<\/a>, <a href=\"https:\/\/www.westernjournal.com\/netflixs-black-cleopatra-show-unprecedented-failure-low-scores-break-records-top-review-site\/\" target=\"_blank\" rel=\"noopener\">Netflix<\/a> and <a href=\"https:\/\/www.westernjournal.com\/no-yellowstone-shows-creator-says-will-quit-paramount-enacts-new-policy\/\" target=\"_blank\" rel=\"noopener\">Paramount<\/a> are not rushing to pay creatives \u200bagain. Because of this, a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/in-an-effort-to-curb-bullying-bosses-hollywood-hires-rage-counselors\/\" title=\"In An Effort To Curb Bullying Bosses, Hollywood Hires \u2018Rage Counselors\u2019\">studio executive<\/a> \u200dsaid these companies are determined to \u201cbreak the WGA\u201d by letting its members go broke.<\/p>\n<p>However, the AMPTP has publicly\u200d denied such a ruthless tactic.<\/p>\n<p>\u201cThese\u2064 anonymous people are not \u2062speaking on behalf of the\u2064 AMPTP \u200dor member companies, who are committed to reaching \u2064a deal \u200band getting our <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-morgan-wallen-first-interview-since-n-word-video-deplatforming-i-can-only-come-tell-my-truth\/\" title=\"WATCH: Morgan Wallen First Interview Since N-Word Video, Deplatforming: \u2018I Can Only Come Tell My Truth\u2019\">industry back<\/a> to work,\u201d a representative said.<\/p>\n<p>If the \u200cstrike continues for or past five months, it likely won\u2019t be long before the conditions become \u2062unsustainable for writers and actors \u2014 a future situation \u2063in which the studios and streamers will have the upper hand.<\/p>\n<p>In \u2064the meantime, the \u200bHollywood shutdown could cost the regional, state and national economies at\u200d least $4 billion, Kevin Klowden, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/inflation-surges-to-7-percent\/\" title=\"Inflation Surges to 7 Percent\">chief global strategist<\/a> for the Milken Institute think tank, told\u200d Yahoo Finance last week.<\/p>\n<div class=\"firefly-embed\">\n<\/div>\n<p>Crew, staff and catering are also suffering from the lack\u200c of work\u200c while restaurants near the studios are starting to feel the effects of \u200dno business.<\/p>\n<p>Democratic Gov. <a href=\"https:\/\/www.westernjournal.com\/school-board-defies-gavin-newsom-rejects-curriculum-despite-governors-threats\/\" target=\"_blank\" rel=\"noopener\">Gavin Newsom<\/a> has\u2062 offered his help\u2063 in \u2062mediating the WGA and \u200dSAG-AFTRA\u200c deals to end the \u2062labor dispute, according to \u2064 <a href=\"https:\/\/apnews.com\/article\/california-governor-gavin-newsom-hollywood-strike-df976d34120393b7e1f8be14c874c871\" target=\"_blank\" rel=\"noopener\">The Associated Press<\/a>. However, \u2063no party has officially requested his\u2063 help.<\/p>\n<p>The Hollywood trade publication <a href=\"https:\/\/variety.com\/2023\/film\/news\/writers-strike-force-majeuer-deals-terminated-1235682117\/\" target=\"_blank\" rel=\"noopener\">Variety<\/a> reported\u2063 Friday that the next development in the strike is expected to occur as soon as Tuesday, as entertainment companies are looking to cut \u2062\u201cfirst look\u201d deals \u2014 \u200ba \u200bkind of option \u200dto buy an entertainment property \u2014 as well as\u200d other deals to force the writers\u2019 hands.<\/p>\n<p>The post\u2064 <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\/studios-wait-hollywood-strike-writers-losing-apartments\/\">Studios to\u2063 Wait Out Hollywood \u200dStrike Until Writers Are &#8216;Losing Their Apartments&#8217;<\/a> appeared\u2063 first on <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\">The Western Journal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The entertainment industry is in crisis due to the ongoing Hollywood strike. With no end in sight after three months, film and TV studios refuse to negotiate. Major studios and streaming platforms may choose to wait out the joint strike, causing further uncertainty for the industry.<\/p>\n","protected":false},"author":2159,"featured_media":1986206,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[548],"tags":[],"class_list":["post-1986205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conservative-news-daily"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1986205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2159"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1986205"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1986205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1986206"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1986205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1986205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1986205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}