"Hollywood Studios Offer Writers A New Deal With Push From Netflix, Iger To End Strike; New Proposal Includes Sharing Of Viewer Data On Streaming; Media Companies Assure Screenwriters AI Won't Replace Them" - Bloomberg News
Portfolio Pulse from Happy Mohamed
Hollywood studios have proposed a new deal to striking screenwriters, which includes assurances that artificial intelligence will not replace human writers and access to viewer data will be provided. The Alliance of Motion Picture & Television Producers, representing Warner Bros. Discovery Inc. and Paramount Global, is involved in the negotiations.
August 14, 2023 | 11:56 pm
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POSITIVE IMPACT
Disney, as a major player in the Hollywood industry, may see a positive impact if the strike ends and normal operations resume.
Disney, being a major player in the Hollywood industry, is likely to see a positive impact if the strike ends and normal operations resume. The resolution of labor issues is generally seen as positive for companies.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Netflix, as a major streaming service, may benefit from the proposed deal, especially with the provision of viewer data to screenwriters.
Netflix, being a major streaming service, is likely to see a positive impact if the strike ends and normal operations resume. The provision of viewer data to screenwriters could potentially lead to better content creation.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Paramount Global, being directly involved in the negotiations, may see a positive impact if the strike ends and normal operations resume.
Paramount Global, being directly involved in the negotiations, is likely to see a positive impact if the strike ends and normal operations resume. The resolution of labor issues is generally seen as positive for companies.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Warner Bros. Discovery, being directly involved in the negotiations, may see a positive impact if the strike ends and normal operations resume.
Warner Bros. Discovery, being directly involved in the negotiations, is likely to see a positive impact if the strike ends and normal operations resume. The resolution of labor issues is generally seen as positive for companies.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80