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Media Stocks Get Initial Boost as Hollywood Celebrates Tentative Deal to End Writers Strike - variety.com
variety.com
25.09.2023 / 14:59

Media Stocks Get Initial Boost as Hollywood Celebrates Tentative Deal to End Writers Strike

Brent Lang Executive Editor Shares of major media companies fluctuated on news that studios and streamers have reached a tentative agreement with the writers’ union on a new contract, potentially ending a strike that started in May. There are also hopes that a possible deal with the Writers Guild of America could set the stage for a similar pact with actors, who have been on the picket lines since July. The dual strikes have brought production to a standstill and could mean that several high-profile movies and shows are delayed.

WGA Reaches Tentative Deal With AMPTP To End 2023 Writers Strike - etcanada.com
etcanada.com
25.09.2023 / 11:47

WGA Reaches Tentative Deal With AMPTP To End 2023 Writers Strike

After 146 days on the picket line, the Writers Guild of America (WGA) has struck a tentative deal with the Alliance of Motion Picture and Television Producers (AMPTP) to end the writers’ strike.

Striking writers reach tentative deal with film and TV studios - nypost.com
nypost.com
25.09.2023 / 04:57

Striking writers reach tentative deal with film and TV studios

according to Variety and other outlets. They called the new contract “exceptional” and said it would have “meaningful gains and protections for writers in every sector of the membership.”“What we have won in this contract – most particularly, everything we have gained since May 2nd – is due to the willingness of this membership to exercise its power, to demonstrate its solidarity, to walk side-by-side, to endure the pain and uncertainty of the past 146 days,” part of the email from the WGA Negotiating Committee states, Variety reported.“It is the leverage generated by your strike, in concert with the extraordinary support of our union siblings, that finally brought the companies back to the table to make a deal.”The likely deal comes as both sides took part in intensive bargaining over the weekend.There were signs last week that the strike, which brought Hollywood to a halt for 146 days, appeared to be nearing the end when the Writers Guild of America and the Alliance of Motion Picture and Television Producers issued a joint statement that they were back in talks.The Alliance represents studios, streaming services and producers in the negotiations.Union leaders met Wednesday with top studio bosses including Disney CEO Robert Iger, Warner Bros.

Writers Guild And Studios Deal Not Final Yet; Meeting Sunday Is Possible - deadline.com
deadline.com
24.09.2023 / 03:03

Writers Guild And Studios Deal Not Final Yet; Meeting Sunday Is Possible

EXCLUSIVE: The roller coaster ride of the Writers Guild and the Hollywood studios trying to seal a deal to end the writers’ nearly 5-month-long strike isn’t over yet.

WGA & Studio CEOs Near Deal Finish Line, Working On Fine Print - deadline.com
deadline.com
23.09.2023 / 20:35

WGA & Studio CEOs Near Deal Finish Line, Working On Fine Print

Negotiations between the WGA and studios CEOs on a deal to end the nearly five-month long writers’ strike look within sight.

AMPTP, WGA Negotiations in Home Stretch as Lawyers Gather to Hammer Out Language - variety.com - Hollywood
variety.com
23.09.2023 / 20:33

AMPTP, WGA Negotiations in Home Stretch as Lawyers Gather to Hammer Out Language

WGA and Hollywood’s major studios are in the final phase of hammering out a three-year contract that will bring an end to one of the longest strikes in Hollywood history. Legal representatives for labor and management were said to be huddling on the fine print of language in complicated contract issues such as the use of generative artificial intelligence and groundbreaking elements for the WGA’s minimum basic agreement, such as a formula for a minimum staff guarantee for episodic TV and a “success-based” residual from subscription platforms that is designed to funnel more money into the WGA’s pension and health funds. The nitty gritty details of the terms around the AI proposal has been one of the final hurdles to overcome, multiple sources said.

No Deal Yet Between WGA & Studio CEOs; Weekend Negotiations Likely - deadline.com
deadline.com
23.09.2023 / 04:06

No Deal Yet Between WGA & Studio CEOs; Weekend Negotiations Likely

The Writers Guild brass and studios CEOs were working tonight to close a deal to end the scribes’ strike , but it seems they aren’t quite there yet.

WGA-AMPTP Negotiations Still Going Amid Signs of Momentum - variety.com - county Sherman
variety.com
23.09.2023 / 02:33

WGA-AMPTP Negotiations Still Going Amid Signs of Momentum

Jennifer Maas TV Business Writer Negotiations between the Writers Guild of America (WGA) and the Hollywood studios continued into Friday night as questions swirled around town regarding whether a deal had been reached or if talks had once again broken down. There is no word yet on a potential deal, but insiders with knowledge of ongoings in the room say there is momentum on both sides to find a resolution that will end the 144-day writers strike. Friday’s talks are said to have begun at approximately 11 a.m.

WGA & Studio CEOs To Meet Again Friday; Guild Urges Members To Get Out On Picket Lines In Force - deadline.com - New York - Los Angeles
deadline.com
22.09.2023 / 06:03

WGA & Studio CEOs To Meet Again Friday; Guild Urges Members To Get Out On Picket Lines In Force

The WGA is heading back to the bargaining table with the CEOs of Netflix, Disney, Universal, and Warner Bros Discovery on Friday.

WGA’s Second Day Of Sit-Down With Studio CEOs Ends; More “Progress” Made - deadline.com
deadline.com
22.09.2023 / 01:31

WGA’s Second Day Of Sit-Down With Studio CEOs Ends; More “Progress” Made

EXCLUSIVE: A second day of direct negotiations between the Writers Guild and studio CEOs has concluded this evening.

DC Studios Lands Permanent Home at Warner Bros. Studios Leavesden as Part of Massive U.K. Expansion - variety.com
variety.com
21.09.2023 / 21:15

DC Studios Lands Permanent Home at Warner Bros. Studios Leavesden as Part of Massive U.K. Expansion

Jennifer Maas TV Business Writer Warner Bros. Discovery is giving DC Studios a primary production hub at its U.K.-based TV and film studio Warner Bros. Studios Leavesden, the home of HBO’s “House of the Dragon,” amid a sprawling plan to expand the location by more than 50% capacity and 10 sound stages.

David Zaslav, Bob Iger, Donna Langley and Ted Sarandos Join WGA Talks as Strike Nears Record Length - variety.com - county Sherman
variety.com
20.09.2023 / 21:55

David Zaslav, Bob Iger, Donna Langley and Ted Sarandos Join WGA Talks as Strike Nears Record Length

Gene Maddaus Senior Media Writer The Writers Guild of America resumed bargaining with the major studios on Wednesday, as the 142-day writers strike closed in on a record duration. In a break from previous sessions, several top CEOs joined in the talks on Wednesday in Sherman Oaks. They were Bob Iger of Disney, Ted Sarandos of Netflix, Donna Langley of NBCUniversal and David Zaslav of Warner Bros.

Studio Bosses Join Today’s WGA & AMPTP Talks; Sarandos, Iger, Langley & Zaslav In The Room, No Gavin Newsom - deadline.com - California
deadline.com
20.09.2023 / 20:23

Studio Bosses Join Today’s WGA & AMPTP Talks; Sarandos, Iger, Langley & Zaslav In The Room, No Gavin Newsom

Over 140 days into the WGA’s strike, the latest resumption of talks today between the scribes and studios and steamers are leaving nothing to chance.

Warner Bros. Discovery Has Been “Really Shut Down” By Strikes, CFO Says, But Free Cash Flow Is Rising As Company Is “Unable To Deploy Capital” For Production - deadline.com
deadline.com
14.09.2023 / 14:23

Warner Bros. Discovery Has Been “Really Shut Down” By Strikes, CFO Says, But Free Cash Flow Is Rising As Company Is “Unable To Deploy Capital” For Production

Warner Bros. Discovery CFO Gunnar Wiedenfels echoed recent sentiments from Netflix and other major TV and film producers, saying the industry must resolve the ongoing strikes and “get back to work.”

Warner Bros. Discovery CFO Says Company Wants to Resolve Strikes ASAP After Disclosing up to $500 Million Earnings Hit From Work Stoppages - variety.com
variety.com
14.09.2023 / 14:19

Warner Bros. Discovery CFO Says Company Wants to Resolve Strikes ASAP After Disclosing up to $500 Million Earnings Hit From Work Stoppages

Todd Spangler NY Digital Editor The two Hollywood strikes that have ground TV and film productions to a standstill are bad for business — and Warner Bros. Discovery is working diligently to resolve them as quickly as possible, according to CFO Gunnar Wiedenfels. “It’s an unfortunate situation… We have to get back to work,” Wiedenfels said, speaking Thursday at the Bank of America Media, Communications and Entertainment Conference.

Fran Drescher Slams “Greedy” Studio CEOs ; Want To “Keep Us Their Peons,” SAG-AFTRA Prez Says - deadline.com - Kenya - city Fargo
deadline.com
13.09.2023 / 19:53

Fran Drescher Slams “Greedy” Studio CEOs ; Want To “Keep Us Their Peons,” SAG-AFTRA Prez Says

EXCLUSIVE: Fran Drescher is less concerned with meeting of several showrunners with WGA leadership this week and more concerned with studios and streamers getting back to the bargaining table to make a fair deal.

‘Harry Potter’ Franchise Director David Yates On Max TV Series; Has Upcoming Projects That Are “A Million Miles Away From Wizards” – TIFF Studio - deadline.com - county Potter
deadline.com
12.09.2023 / 23:49

‘Harry Potter’ Franchise Director David Yates On Max TV Series; Has Upcoming Projects That Are “A Million Miles Away From Wizards” – TIFF Studio

When it comes to Harry Potter and Fantastic Beasts franchise filmmaker David Yates returning to the Max TV series, he tells Deadline, “Never say never.”

Deadline’s Strike Talk Podcast Week 19: Will This Never End? Capitol Hill Pols Parse Labor Dispute And The Destructiveness Of A Pyrrhic Victory - deadline.com - Ohio - Rome
deadline.com
08.09.2023 / 18:07

Deadline’s Strike Talk Podcast Week 19: Will This Never End? Capitol Hill Pols Parse Labor Dispute And The Destructiveness Of A Pyrrhic Victory

Welcome to the 19th installment of Deadline’s Strike Talk podcast. It is a task Oscar-nominated filmmaker Billy Ray took on at the beginning of the Writers Guild strike against AMPTP, and who knew he would be engaged in it longer than it would have taken him to shoot a picture.

With Actors on Strike, Will Movies Still Score Big Deals at the Toronto Film Festival? - variety.com - Beyond
variety.com
07.09.2023 / 12:39

With Actors on Strike, Will Movies Still Score Big Deals at the Toronto Film Festival?

Lee” to the Michael Keaton-directed thriller “Knox Goes Away”) given the uncertainty about what has been agreed to. Still, buyers seem impressed with what’s available to purchase.

‘Harry Potter’ TV Series On Max: Everything We Know About The Cast, Release Date, What J.K. Rowling Says & More - deadline.com
deadline.com
07.09.2023 / 00:25

‘Harry Potter’ TV Series On Max: Everything We Know About The Cast, Release Date, What J.K. Rowling Says & More

At its Max streaming event earlier this year, Warner Bros. Discovery confirmed a new era is coming for Harry Potter fans. The company announced a TV series based on all seven books about the boy wizard written by J.K. Rowling. See below for the most current answers to the most important questions about the project.

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