Movie Stars Vs. C-Suite Brass: Hollywood Strike Gets Ugly As CEO Tells A-Listers Where To Go
Portfolio Pulse from Anthony Noto
Barry Diller, chairman of IAC Inc and Expedia Group Inc, suggests that both executives and top-paid actors should take a 25% pay cut to narrow the pay gap in the movie industry. The Writers Guild of America and SAG-AFTRA are on strike, which could have devastating effects on the movie industry if not resolved by September 1. Wedbush analyst Alicia Reese believes the strikes could impact Netflix's Q3, while other studios with struggling streaming platforms could be hit harder. Disney CEO Bob Iger is concerned about the unrealistic expectations of the strikers.
July 17, 2023 | 6:33 pm
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NEUTRAL IMPACT
Barry Diller, senior executive of Expedia Group, suggests a 25% pay cut for top-paid actors and executives to address the Hollywood pay gap. This could impact Expedia's reputation and potentially its stock.
As a senior executive of Expedia Group, Barry Diller's comments could impact the company's reputation. However, it's unclear how this will directly affect the company's stock in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Barry Diller, chairman of IAC, suggests a 25% pay cut for top-paid actors and executives to address the Hollywood pay gap. This could impact IAC's reputation and potentially its stock.
As the chairman of IAC, Barry Diller's comments could impact the company's reputation. However, it's unclear how this will directly affect the company's stock in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Disney CEO Bob Iger is concerned about the unrealistic expectations of the strikers. This could potentially impact Disney's reputation and stock.
Disney CEO Bob Iger's comments show concern over the ongoing Hollywood strikes. This could potentially impact Disney's reputation and stock, especially if the strikes continue and disrupt content production.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The ongoing Hollywood strikes could impact Netflix's Q3, according to Wedbush analyst Alicia Reese. This could potentially affect Netflix's stock.
The ongoing Hollywood strikes could disrupt Netflix's content production, which could impact its Q3 performance. This could potentially lead to a decrease in Netflix's stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90